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Why would the market respond favorably to rules set up by the government?

That's not the point. The point is the market only exists within the rules set up by government.

The brainless should not be in banking -- Willem Buiter

by Migeru (migeru at eurotrib dot com) on Mon Apr 26th, 2010 at 02:56:00 PM EST
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Yes, but the government only exists within the rules set up by other social forces, one of which today is a shared, deep core belief that markets are both the default and preferred way of organizing things.
by santiago on Mon Apr 26th, 2010 at 04:19:11 PM EST
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