If Ireland's free market is so good, then why are they among the worse in this recession?

[IrishLiberal]

@Spideynw

@IrishLiberal

but all Anglo-Saxon countries have strong traditions of strong Rule of law and upholding of property rights,

That is debatable.

Not really. While the Rule of Law has a tenuous existence even the Anglo-Saxon world, it is relatively indubitably stronger than in other nations. I would conjecture that Rule of Law is most robust in the following nations; Australia, USA, Canada, Britain, Ireland, New Zealand, Hong Kong. Th

[Spideynw]

@IrishLiberal

@Spideynw

@IrishLiberal

but all Anglo-Saxon countries have strong traditions of strong Rule of law and upholding of property rights,

That is debatable.

Not really. While the Rule of Law has a tenuous existence even the Anglo-Saxon world, it is relatively indubitably stronger than in other nations. I would conjecture that Rule of Law is most robust in the following nations; Australia, USA, Canada, Britain, Ireland, New Zealand, Hong Kong. Th

Here in the United States, if I have a piece of property that is zoned for industrial, and I want to sell it to someone to build a home, I cannot. Here in the U.S., the government can steal my property if it deems it “necessary” for government purposes. Here in the U.S., if I use my property to start a business without a license, the government will shut down my business on my property. Here in the U.S., if I do not pay income taxes, they can throw me in jail. Etc., etc. It does not seem like that great of upholding of property rights to me.

[nandnor]

@Locke The Radical

So much for how Ron Paul referred to Ireland in “The Revolution”, looks like even HE was wrong about that.

Ron also talked about the booming baltic economies. Well now theyre “booming” at -20% growrth.

[IrishLiberal]

@Spideynw

Here in the United States, if I have a piece of property that is zoned for industrial, and I want to sell it to someone to build a home, I cannot. Here in the U.S., the government can steal my property if it deems it “necessary” for government purposes. Here in the U.S., if I use my property to start a business without a license, the government will shut down my business on my property. Here in the U.S., if I do not pay income taxes, they can throw me in jail. Etc., etc. It does not seem like that great of upholding of property rights to me.

Unfortunately, that state of affairs exists everywhere on the planet. I would contend that you have BETTER but certainly not absolute recourse to the Law in the Anglo-Saxon world. It’s lamentable but true

[IrishLiberal]

@nandnor

Ron also talked about the booming baltic economies. Well now theyre “booming” at -20% growrth.

20% is an exaggeration of projected figures. Also, the recent economic crisis was bound to affect these small open economies, as it did globally.

Living conditions in the relatively “free-market” Estonia and Latvia greatly exceed that of other former Soviet satellites such as Moldova. Estonia enacted the strongest liberalisation policy and is consequently the wealthiest of the three Baltic nations, with Latvia a close second. Lithuania, by contrast, has languished compared to its neighbours, as is made evident by the amount of emigration from that country. Though the Baltic Tigers are facing an annualized decline of close to 15%, this doesn’t come close to cancelling out the decade of growth they enjoyed, and , due to their more flexible economies, they should expect a sharper and more rapid rebound than their moribund neighbour, Lithuania

[liberty_student]

@IrishLiberal

I would contend that you have BETTER but certainly not absolute recourse to the Law in the Anglo-Saxon world.

The myth of recourse from the gang of thieves is laughable.

[liberty_student]

@Caley McKibbin

@ the cartel comments:

The most fundamental point is that collusion does not really happen. If it made sense for people to collude rather than compete, everyone would just collude in everything and competition per se would not exist.

Indeed, pure socialism is absolute collusion.

[Capital_Pumper]

@IrishLiberal

Wow that’s pretty low. Teacher’s are underpaid in the USA, which could be a cause of the US’s recent poor performance in high school academic tables. But what else can one expect from monopsonies like the Departments of Education

Start with the system, and not the unionized government workers who don’t answer to the call of competition.