Thursday, February 28, 2008

Computers And The Government Free Market

A Tech Retrospective from PC world shows us the remarkable advances in computer technology relative to price. Beyond the wow factor it also shows us how free markets not only give us better products, but at a lower price as well. Profit driven competition in the technology industry, unfettered by government intervention has created jobs, wealth and higher standards of living for billions throughout the world. It has also saved countless lives through further innovation these products have inspired.

Compare this to the inefficient and broken Health Care and Education industries. Government meddling and the demonization of private sector participants has resulted in skyrocketing costs with little or no corresponding increase in value. And what do Hillary and Obama propose as solutions? More government fixes to government created problems.

All markets, free or not are subject to the Laws of Supply and Demand. Not the Theory or Suggestion, but the law. Like the Laws of Gravity, ignore them and disaster will be the result.

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