Wednesday, 28 January 2009

This Is Weird

In times of recession (like right now), I believe that everyone should be encouraged to be spending more, and more and more..in order, to resuscitate the economy...It shouldn't be just the government.....But in this mood of pessimism,uncertainties.....How will this ever gonna work?

If everyone spends more, all of us will get the benefit..But if only some people choose to spend more,and instead some others choose to do nothing,..they're still gonna benefit from what everyone else has spent...It's a classic problem of free rider..It's sort of like the problem of public goods..

So, why bother?

Protectionism VS more trade??? Buy Malaysian first? or just be indifferent ? ????

No comments:

Post a Comment