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<blockquote data-quote="zubenelgenubi" data-source="post: 5209318" data-attributes="member: 63706"><p>The law must be tempered by rights, or it is illegitimate.</p><p></p><p></p><p>Markets work best when people act rationally. Unfortunately people lie, cheat and steal, all of which are illegal under systems that respect the rights of the individual. When the law actually addresses the real crimes and doesn't pretend that new ways to lie cheat and steal aren't covered by laws against fraud and theft, then the markets can work as well as they can with people who aren't always rational.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 5209318, member: 63706"] The law must be tempered by rights, or it is illegitimate. Markets work best when people act rationally. Unfortunately people lie, cheat and steal, all of which are illegal under systems that respect the rights of the individual. When the law actually addresses the real crimes and doesn't pretend that new ways to lie cheat and steal aren't covered by laws against fraud and theft, then the markets can work as well as they can with people who aren't always rational. [/QUOTE]
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