Laissez- Faire vs Interventionism

by James & Miel on August 31, 2008 · 0 comments

There are at least two trends in economic thinking, those who advocate government intervention in markets and those who promote a hands off, laissez-faire approach.

This video is an interview with Jim Rogers, who is a famous commodities trader. This interview is a good example of modern interventionist vs. lassie fare thinking. Check it out to see the kinds of arguments both sides bring to bare on the issue of economic crisis. – Hint: Rogers is a proponent of laissez-faire policies.

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