Just thought you all here might be interested in our responses to the topic.
"I believe that the government shouldn't be in the economy at all. I believe in a purely free market economic system. Central planning never works. Government can't plan the way an economy is going to run, it'll just end in an inevitable collapse. The economic problems we see in our economy is not because of the free market. It's because of government intervention. Before the Great Crash of 1929, America suffered several small panics, but they were quickly solved within a year or two. The Great Depression in 1929 however suffered more than a decade because of government intervention. When it comes to the regulation of the market, the government isn't needed for regulation. While the lesson makes some good points as to who some regulation is needed, it's regulation the market can do itself."
Responses to my post
"I know where you are coming from but I think the government needs to be involved in the economy a little bit. I agree that the government can make things a little worst at times, but with the government around, things can be fixed a lot more easier verses no government at all."
"I agree with what you are saying. But what do you think would happen now if we took the government out of the economy?
Edit: I take me statement back... I don't completely agree with what you are saying. you have some good points but i don't think it would work very well if the government completely removed themselves from the economy."
"Economic freedom is a very tough concept to establish. Government in a sense should benefit some people over other, but should ensure that everyone is treated in the same fairness. Government regulation keeps people from playing the game the wrong way, but because of the fees that are needed to perform this regulation, then there becomes a big expense and waste of money. Government should be less involved, only by the circumstances of the technological improvements of today, that they should stop being lazy and dedicate the time and money to upgrade the system of regulation, to later create a less involved government, and a government that spends less time worrying about the economic situation."
"I believe the government is involved in the economy almost just right. The government isn't always trying to do something with the economy, the government only comes in when the economy looks down or looks like it needs growth. Therefore, the government is doing nothing but creating positive affects for the economy. The economy is in a slump right now and could be doing a lot better. I believe the government is benefiting the economy more than it is harming it. In addition, without a government, the people can't keep everything in line because there would always be someone trying to take over. "