Sunday, May 08, 2005

2 Questions - 1 Answer

Q1: What markets have the toughest competition, the fastest technological evolution and the fastest price-decreases on the latest breakthroughs?

Q2: What markets evolve and move so fast that governments haven't, so far, been able to regulate them to any extent above other markets (e.g. with competition-laws), tax them with special "monitoring" and "supervision" taxes or stop them from moving back and forth across boarders and regions in search of the best and cheapest workers, resources and raw materials?

The answer: The markets of internet, mobile phones and computers.

Coincidences, or is the connection between market-efficiency and State-interference simply this clear?

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