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The Black Economy

Discussion in 'Business & Economics' started by The_Giver, May 24, 2007.

  1. The_Giver

    The_Giver Well-Known Member

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    Some economist claim the underground economy is almost as big as the "regular" economy.

    Do you think governments need to step in and do more in regards to this issue or do you think it is inevitable and perhaps even a good thing that we have such a large black market.
     
  2. DrWho

    DrWho Well-Known Member

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    To the extent that the underground economy is not engaging in illegal activities and the consumer is not being defrauded it is an excellent thing. True capitalism.

    I doubt it is anywhere near that big.
     
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