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Investments > Investing Science > Re: Friedman's ...
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Re: Friedman's Folly

by The Trucker <mikcob@[EMAIL PROTECTED] > May 15, 2008 at 07:56 AM

On Wed, 14 May 2008 21:23:56 -0700, orangatang1 wrote:

> On 15 May, 05:09, Vide...@[EMAIL PROTECTED]
 wrote:
>> On May 14, 8:48 pm, "John Galt" <whoisjohng...@[EMAIL PROTECTED]
> wrote:
>>
>>
>>
>>
>>
>> > "Harold Burton" <hal.i.bur...@[EMAIL PROTECTED]
> wrote in message
>>
>> >news:hal.i.burton-B2640D.21395514052008@[EMAIL PROTECTED]
>>
>> > > In article
>> > >
<88ec7336-1eba-4980-9600-28c2a4d6e...@[EMAIL PROTECTED]
>,
>> > > Bret Cahill <BretCah...@[EMAIL PROTECTED]
> wrote:
>>
>> > >> Friedman was an issue dodger just like all the remaining ****lls at
GOP
>> > >> "thank" tanks like Hoover, Heritage, Am. Enterprise, the Chicago
>> > >> School, etc.
>>
>> > >> Friedman would never address the land issues raised by the
Georgists
>> > >> and he'ld never touch the "free markets w/o free speech" issue
either.
>>
>> > >> When you dodge issues that are fundamental to your field you are a
>> > >> fraud.
>>
>> > > Care for some cheese with that whine?
>>
>> > > Yeah, and let us know when you win a Nobel Prize.
>>
>> > It's also a classic straw man. "I'll decide what issues should be
>> > fundamental to 'your field', so I can criticize you when you don't
address
>> > them."
>>
>> > > Love the sound of leftards whining.
>>
>> > Well, there are plenty (a substantive majority, even) who are free
marketers
>> > and have no quarrel with Friedman. The head of Obama's economic team
is from
>> > U of Chicago.
>>
>> > That said, there are indeed those who exist on the political fringe
that
>> > have no idea how intertwined human behavior is with economic needs,
and are
>> > thus doomed to criticze men like Friedman ad infinitum (and for the
rest of
>> > us, ad nauseum) based on some Cliff Notes they read about him on some
fringe
>> > socialist/communist/anarchist site.
>>
>> > JG
>>
>>  he never had one success. but, he had lots of disasters. of course,
>> you are a chanter, reality is not one of your stronger suits:)
>>
>> There is  a great deal of psychological comfort to be found in a fully
>> fledged ideology such as laissez faire  because it removes the need
>> for
>> critical thought.  The ideology is used as an algorithm. All the
>> individual has to do in any situation is to ask what the ideology
>> requires by way of action. The fact that the action may be harmful or
>> the ideology objectively  at odds with reality is emotionally
>> unim****tant for the individual. What matters is that an answer has
>> been
>> found which is compatible with the ideology.  This is especially
>> appealing  to the less intellectually curious.
>>
>>  Psychologically, political ideologies are akin to religion and their
>> practitioners behave in an essentially religious manner.  For example,
>> in the case of laissez faire, its disciples  chant "let the market
>> decide" in the manner of Christians saying "God will provide."
>>
>>  Those amongst the elite who are not true believers in laissez faire
>> will,  in most cases,  toe the ideological line because they deem it
>> prudent to do so for their own careers  and security.  The few who
>> speak
>> out against it are simply sidelined.
>> ROBERT HENDERSON- Hide quoted text -
>>
>> - Show quoted text -
> 
> 
> Instead of attacking Dr Friedman's reputation why not share your
> vision of a successful economy?

My own version of a successful economy is an economy in which
general quality of life is continually rising.  The GDP says just about
nothing in this regard.

-- 
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org/extend
 




 50 Posts in Topic:
Re: Friedman's Folly
orangatang1@[EMAIL PROTEC  2008-05-14 21:23:56 
Re: Friedman's Folly
"Mark M." <m  2008-05-15 07:58:40 
Re: Friedman's Folly
The Trucker <mikcob@[E  2008-05-15 07:56:18 
Re: Friedman's Folly
"John Galt" <  2008-05-15 23:23:30 
Re: Friedman's Folly
The Trucker <mikcob@[E  2008-05-15 11:46:32 
Re: Friedman's Folly
Les Cargill <lcargill@  2008-05-15 19:23:44 
Re: Friedman's Folly
The Trucker <mikcob@[E  2008-05-15 18:41:47 
Re: Friedman's Folly
Les Cargill <lcargill@  2008-05-16 01:15:06 
Re: Friedman's Folly
"John Galt" <  2008-05-16 11:16:39 
Re: Friedman's Folly
"John Galt" <  2008-05-16 06:49:11 
Re: Friedman's Folly
The Trucker <mikcob@[E  2008-05-15 19:04:53 
Re: Friedman's Folly
"John Galt" <  2008-05-16 07:58:05 
Re: Friedman's Folly
The Trucker <mikcob@[E  2008-05-15 21:45:03 
Re: Friedman's Folly
"John Galt" <  2008-05-16 11:02:33 
Re: Friedman's Folly
"Clave" <Cla  2008-05-15 22:53:35 
Re: Friedman's Folly
"John Galt" <  2008-05-16 12:58:36 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-15 22:59:16 
Re: Friedman's Folly
"John Galt" <  2008-05-16 13:04:11 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 08:10:11 
Re: Friedman's Folly
"John Galt" <  2008-05-16 21:33:11 
Re: Friedman's Folly
"Clave" <Cla  2008-05-16 18:33:58 
Re: Friedman's Folly
"John Galt" <  2008-05-17 07:34:20 
Re: Friedman's Folly
"Clave" <Cla  2008-05-16 20:40:01 
Re: Friedman's Folly
"John Galt" <  2008-05-17 09:28:22 
Re: Friedman's Folly
"Clave" <Cla  2008-05-16 21:19:39 
Re: Friedman's Folly
"John Galt" <  2008-05-17 11:17:54 
Re: Friedman's Folly
"Clave" <Cla  2008-05-16 23:11:41 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 08:14:07 
Re: Friedman's Folly
"John Galt" <  2008-05-16 21:39:06 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 11:51:12 
Re: Friedman's Folly
"John Galt" <  2008-05-17 00:27:59 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 11:53:31 
Re: Friedman's Folly
"John Galt" <  2008-05-17 00:33:29 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 12:27:59 
Re: Friedman's Folly
"Mark M." <m  2008-05-16 14:58:28 
Re: Friedman's Folly
Les Cargill <lcargill@  2008-05-16 19:41:05 
Re: Friedman's Folly
"John Galt" <  2008-05-17 06:50:50 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 22:16:01 
Re: Friedman's Folly
Les Cargill <lcargill@  2008-05-16 19:38:51 
Re: Friedman's Folly
Les Cargill <lcargill@  2008-05-16 19:35:46 
Re: Friedman's Folly
"John Galt" <  2008-05-17 06:52:58 
Re: Friedman's Folly
Les Cargill <lcargill@  2008-05-15 19:17:09 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-15 18:43:45 
Re: Friedman's Folly
Day Brown <daybrown@[E  2008-05-18 12:55:16 
Re: Friedman's Folly
The Trucker <mikcob@[E  2008-05-18 11:08:23 
Re: Friedman's Folly
Video61@[EMAIL PROTECTED]  2008-05-16 09:07:57 
Re: Friedman's Folly
retrogrouch@[EMAIL PROTEC  2008-05-16 11:42:38 
Re: Friedman's Folly
sbm2006@[EMAIL PROTECTED]  2008-05-16 17:09:16 
Re: Friedman's Folly
"John Galt" <  2008-05-17 06:54:35 
Re: Friedman's Folly
sbm2006@[EMAIL PROTECTED]  2008-05-17 12:41:56 

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tan12V112 Sun Nov 23 4:45:15 CST 2008.