tag:blogger.com,1999:blog-7241847328289656888.post48934712830365585..comments2008-06-10T17:00:03.457-07:00Comments on Beyond the Margin: Capital Gains ShenanigansBeyondTheMarginnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7241847328289656888.post-49542126200161919292008-06-10T13:16:00.000-07:002008-06-10T13:16:00.000-07:00All the government does is give X's money to Y, an...All the government does is give X's money to Y, and takes a brokerage fee.<BR/><BR/>They distort the market by transferring X's money to Y, causing a misallocation of capital and unseen economic inefficiency.<BR/><BR/>The brokerage fee they charge is a more direct inefficiency.<BR/><BR/>Thus if you want a more efficient economy and more prosperity, you need to cut out the broker/parasite.Alanhttp://www.blogger.com/profile/03264623220497482928noreply@blogger.com