The best thing our pollies have done in decades is also the worst (www.rossgittins.com)

submitted 2 weeks ago by Joshi@aussie.zone to c/australianpolitics@aussie.zone

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Governments can’t wave around the cash and create out of thin air a “market” that has any of the self-controlling properties described in economics textbooks.

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[-] Joshi@aussie.zone 10 points 2 weeks ago

Gittins kind of leaves us hanging for a conclusion here. Governments can't be afraid of actually providing a service, the idea that leaving things to the market is automatically efficient is a myth.