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A comment on In 1873, speculation and overinvestment in railroads sparked a financial crisis. Parent comment

Re:In 1873, speculation and overinvestment in railroads spar... by UIUC_06 on Sunday September 24, 2023 @08:15PM (#37638401)
Not original quote:

If the government ran the Sahara, within five years there'd be a shortage of sand.

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Re:In 1873, speculation and overinvestment in railroads spar... by gottorf on Sunday September 24, 2023 @08:50PM (#37638557)
Milton Friedman.
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Re:In 1873, speculation and overinvestment in railroads spar... by whatshisface on Monday September 25, 2023 @01:14AM (#37639872)
Because it'd be jungle again? :0
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Re:In 1873, speculation and overinvestment in railroads spar... by littlestymaar on Monday September 25, 2023 @02:51PM (#37648725)
Yet we're out of sand[1] without any central planning involved.

Government can be stupid and wasteful, but they cannot even dream of being more wasteful than a competitive market.

[1]: https://www.bbc.com/future/article/20191108-why-the-world-is...

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Re:In 1873, speculation and overinvestment in railroads spar... by downrightmike on Wednesday September 27, 2023 @06:00PM (#37681971)
And then there are the thieves stealing whole beaches https://www.npr.org/2022/11/09/1135620650/stolen-beach-sand-...
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