Sure, this is how democracy always worked. I don't know about you but I hate it when a politician forces me to live, eat and work the way he wants, not the way I want.
I don't believe your example is a good one, because the housing bubble was not caused by the market. It was caused by irrational expansion of credit. Of course the market is the expression of what people want, but those "wants" are heavily distorted or encouraged by monetary policy. There is no market in the money making business (it's a government controlled monopoly).
I don't believe your example is a good one, because the housing bubble was not caused by the market. It was caused by irrational expansion of credit. Of course the market is the expression of what people want, but those "wants" are heavily distorted or encouraged by monetary policy. There is no market in the money making business (it's a government controlled monopoly).