Re: Economists like myself usually favor mostly competition, augmented when possible by cooperation to overcome market failures.
You mean you favour capitalism? Is that because you trained in a capitalist country?
What about the argument which might be advanced by socialist economists—that waging economic warfare with with each other is a primitive, uncivilised, wasteful and destructive behaviour, which is best left to savages who know no better?
Re: Economists like myself usually favor mostly competition, augmented when possible by cooperation to overcome market failures.
You mean you favour capitalism? Is that because you trained in a capitalist country?
What about the argument which might be advanced by socialist economists—that waging economic warfare with with each other is a primitive, uncivilised, wasteful and destructive behaviour, which is best left to savages who know no better?