Re:Efficiency of the markets

[Arvind Kumar <arvind.kumar@rocketmail.com>]

---"K.S.Sastry" <kssasty@hd1.vsnl.net.in> wrote:
>
> 

> without transparency and accountability. Centrally
planned systems have not
> yet been tried in open societies.

Francois Mitterand nationalized several industries
in the 70s and it turned out to be a total disaster.
In the 90s, he himself went in for privatization.

-Arvind


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