The Government Must Be There to Insure Competition

It's very hard for the government to intervene in a large country like india or the united states. But compare government intervention in some of the small, homogeneous countries of europe or as singapole. Switzerland has a great deal of government intervention. Sweden denmark, norway, i've just quoted you, the four highest income countries in the world. They do have intervention to try and protect the functioning of the market system and to make it more efficient. If if you ave talking about central planning, that has been disastrous, absolutely.