Comments on: Is Toyota’s Failure a Market Failure? http://www.errorsofenchantment.com/2010/03/12/is-toyotas-failure-a-market-failure/ Why is New Mexico not realizing its potential? Sun, 12 Feb 2012 00:23:16 +0000 http://wordpress.org/?v= hourly 1 By: Paul Gessing http://www.errorsofenchantment.com/2010/03/12/is-toyotas-failure-a-market-failure/comment-page-1/#comment-2377 Paul Gessing Tue, 16 Mar 2010 18:16:35 +0000 http://www.errorsofenchantment.com/?p=2020#comment-2377 No, that's not it at all. The fact is that no person or institution is perfect and automobiles are inherently dangerous. The best we can hope for is to use the market to provide incentives for this not to happen again. No, that’s not it at all. The fact is that no person or institution is perfect and automobiles are inherently dangerous. The best we can hope for is to use the market to provide incentives for this not to happen again.

]]> By: Richard http://www.errorsofenchantment.com/2010/03/12/is-toyotas-failure-a-market-failure/comment-page-1/#comment-2367 Richard Mon, 15 Mar 2010 04:39:12 +0000 http://www.errorsofenchantment.com/?p=2020#comment-2367 In other words, the people who have died or had their lives ruined don't matter. Because the market corrected itself afterward! And all those people who spent large chunks of their salary on faulty vehicles? Who cares! In other words, the people who have died or had their lives ruined don’t matter. Because the market corrected itself afterward!

And all those people who spent large chunks of their salary on faulty vehicles? Who cares!

]]> By: Bill Koehler http://www.errorsofenchantment.com/2010/03/12/is-toyotas-failure-a-market-failure/comment-page-1/#comment-2365 Bill Koehler Sun, 14 Mar 2010 23:31:57 +0000 http://www.errorsofenchantment.com/?p=2020#comment-2365 The free market never fails. It's always provides the greatest good for the greatest number at the lowest price. When someone makes a mistake it punishes that person. What happens when a government monopoly does a bad job? Public schools keep right on doing a bad job. Any questions? The free market never fails. It’s always provides the greatest good for the greatest number at the lowest price. When someone makes a mistake it punishes that person. What happens when a government monopoly does a bad job? Public schools keep right on doing a bad job. Any questions?

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