The Forum > Article Comments > Rudd continues to struggle with economics > Comments
Rudd continues to struggle with economics : Comments
By Mikayla Novak, published 13/10/2011It is fiscally profligate politicians, not markets, that need to be brought to heel.
- Pages:
-
- 1
- 2
- Page 3
-
- All
Posted by Peter Hume, Thursday, 13 October 2011 6:37:49 PM
|
No.
"…commercial operators have been abusing government funded programs for decades.... .. systemic deficiencies ... have allowed construction companies, consultants etc to be taking advantage since day dot."
I'm sure you're right. According to my theory, they both represent capital consumption.
However the point is, your economic theory is stuck with pretending to distinguish wasteful corrupt boondoggle A (bad), from wasteful corrupt boondoggle B (good).
So how do you do that? By what principle do you distinguish them?