Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzMyMzAzODM4X0U4RDlEOTEx] [b] The Federal Centralization Economy[/b] James Hall, Contributor Wednesday, July 18, 2012 Activist Post A new hybrid of the command economy is being adapted to replace the last traces of a free market economy. The federal government, through the increase of administrative regulations and bureaucratic oversight is forcing a dangerous planned economy with dire consequences. It will not resemble the Soviet style of government ownership, because many business decisions will no longer rest with owners, but will need conformity to rules that benefit favored enterprises. Investopedia explains the old version of the ‘Command Economy’ as a planned economy. - Command economies are unable to efficiently allocate goods because of the knowledge problem - the central planner's inability to discern how much of a good should be produced. - Shortages and surpluses are a common consequence of command economies. A free-market price system, on the other hand, signals to producers what they should be creating and in what quantities, resulting in a much more efficient allocation of goods. [b]CONTINUE: http://www.activistpost.com/2012/07/the-federal-centralization-economy.html[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2017 Godlikeproductions.com
Page generated in 0.008s (12 queries)