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  • But that's the point, if the market were free, then government wouldn't bail out Northern Rock or anyone else and if they were efficient Lehmann's wouldn't have collapsed.

    How about one that works better?

    I eagerly await the news of a Nobel Prize from our own esteemed fruitbat for his work on coming up with a better economic system than what we have now.

    Free markets and efficient economies, alas, exist only in theory. The system we have now is a weird mix of capitalism and socialism. We try to approximate the capitalist ideal as best as we can, while protecting the less privileged and less able.

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