I am not an advocate of
governmental intervention in the private affairs / business of the free market but this is one area that they need to intervene.
Some types
of governmental intervention are highly visible: most citizens are aware of them and know something about what they are, how they work and who benefits from them.
Randy Ryalls, General Manager, Royal LePage Sterling Realty, says, «After appreciating at an unsustainable rate for the better part of the year, prices across Greater Vancouver have begun to correct as a result of deteriorating affordability, a lack of quality inventory and heightened market uncertainty stemming from
conflicting governmental intervention.
Systemic risk exists apart from
klutzy governmental intervention, as noted in my article, Book Reviews: Manias, Panics, and Crashes, and Devil Take the Hindmost.
By prioritizing a trip to see the reef now, you can tell friends that you visited a UNESCO World Heritage Site that's receiving international attention and
governmental intervention so this natural wonder is around for many generations to come.
[xii] The result was that Canadian legislatures were given a great deal of scope to address «problems of a modern nature
requiring governmental intervention of a continuous and specialized character» (Shumiatcher, 1949).
According to this perspective,
governmental intervention in the market, via such activities as professional licensing, can be justified when the market fails to operate efficiently.
Interest rates have been and are currently at historical lows due to, among other things,
governmental intervention, including quantitative easing.
So if recognizing negative environmental effects leads inevitably to
governmental intervention, there is virtually no end to what government needs to do, global warming or no.
Moglen is bothered by the increasing centralization of the internet, the concentration of the ways and means in a few hands, hands and devices vulnerable to
governmental intervention — as we have seen in Egypt and the U.S. response to the Wikileaks brouhaha.