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

by "John Galt" <whoisjohngalt@[EMAIL PROTECTED] > May 16, 2008 at 11:16 AM

"Les Cargill" <lcargill@[EMAIL PROTECTED]
> wrote in message 
news:482d182d$0$31757$4c368faf@[EMAIL PROTECTED]
> The Trucker wrote:
>> On Thu, 15 May 2008 19:23:44 -0400, Les Cargill wrote:

<snip>
>
>>  So you can escape
>> by weighting the different non spinnable metrics.  But you really can't
>> do that either.  If you have the freedom to move about then you can 
>> select
>> the economy that scores best on YOUR selected weights.  The measurement

>> of
>> the economy is not the province of Milton or of the Republicans or the
>> Democrats or the Nazis.  It can be individualized.  Based on the
weights
>> selected by the
http://en.wikipedia.org/wiki/Economist_Intelligence_Unit
>> the US economy ranks significantly below Scandinavia.
>>
>
> And a camel is a horse designed by a committee.
>
> That index measures infantilism, not livability. I know Scandinavians.
> They're just as grumpy as we are, just about different things. They
> don't particularly *like* their little socialist paradises. Which are,
> after all, overwhelmingly based on rents.
>
> Scandinavian societies are really hard on ambitious people. But
> that's the point, isn't it?

Amen.

I'm on my way to Sweden next week to attend my nephew's graduation from
high 
school. He is the valedictorian, and wants to be a doctor. While I'm 
traveling to Sweden, he's also traveling there -- from the US. He's
finally 
got his US citizen****p, because he wants out of Sweden for exactly that 
reason -- he's ambitious. (His mom wants out of there too, but she's
saddled 
with an unambitious husband who is satisfied with the state of affairs,
but 
also grumpy about them.)

JG


>
> This being said, the pragmatic Swiss really do a good job of dealing
> a lot of issues - health care, the like.
>
>>>> There is and will be much disagreement over the weight assigned to
the
>>>> various measurements of "infant mortality", "longevity", "happiness",

>>>> and
>>>> the like.  But these are the things that actually represent the
quality 
>>>> of
>>>> life; the success or failure of economic policy.
>>>>
>>> And each of those will mire you in details forever. Improved
>>> prenatal care actually inflates infant mortality figures - what
>>> would have been a miscarriage is now an infant death. Yadda
>>> yadda.
>>
>> Another seemingly ridiculous diversion.
>>
>
> Uh huh. Fertility drugs, delayed pregnancy, other factors lead to
> increased numbers of low birth weight babies, who overwhelmingly
> bias upwards infant mortality rates.
>
> You can't metrify happinefs. Jefferson shoulda stuck with
> "property".
>
> --
> Les Cargill
 




 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 Sat Jul 5 16:11:26 CDT 2008.