Wednesday, October 31, 2007

Free Market Rules!

Since the unregulated free market is supposed to be the best of all possible ways of organizing an economy, why is this NYT article, Chinese Chemicals Flow Unchecked to Market written as a matter of concern rather than congratulations?

Any Libertarians around?

1 comment:

Karthik said...

Hi Arun,
The U.S always advocates an unregulated free market, liberalized economic reforms etc.But as you said it showed its double standards when it came to the case of Chinese chemicals or in the case of dumping of Chinese textiles.

Regards,
Karthik a.k.a. Biju