Sam McDonald Chapter 3 #6

While reading Naked economics and listening in economics class, I have come across significant evidence which has lead me to think that if government would just disconnect itself from the economy, the economy would be better off. Contrary to my credence of the government and the economy, Naked Economics shows that in order for there to be a market economy the government must make it possible, and a lack of a government is much more detrimental to the capitolist market than the presence of one. The rules of the market are set and enforced by the government. Without these rules in place, a market would end up in shambles. An example in the book is the economy of Angola, which although has enough natural resources to be economically stable, are in an economic peril because the government has not supported a market economy. Although many people, like myself, often think that the interfering of the Government is detrimental to the economy, the reality is that we need government intervention in order to sustain a market economy, as well as set up rules such as copyright laws which protect the existence and effectiveness of the market economy.