On May 15, 5:52 pm, Les Cargill <lcarg...@[EMAIL PROTECTED]
> wrote:
> Vide...@[EMAIL PROTECTED]
wrote:
> > On May 15, 6:12 pm, Les Cargill <lcarg...@[EMAIL PROTECTED]
> wrote:
> >> Vide...@[EMAIL PROTECTED]
wrote:
> >>> On May 15, 1:09 am, orangata...@[EMAIL PROTECTED]
wrote:
> >> <snip>
>
> >>> machavillion freedom. freedom to do what, to whom, for what? you
are
> >>> a indoctrinated fool.
> >> You've shown repeatedly that you don't understand either of
> >> Machiavelli nor Friedman.
>
> > sure i do.
>
> I wonder.
>
> > its you that is the chanter.
>
> I think the first thing I ever posted to sci.econ, back when
> David ran it, was "... but people aren't rational." He advised me
> to look up "normative assumption." Which I did. That was a good
> day.
>
> >
> so, if freidman says all
>
> > information is perfect, markets are perfect, and all persons involved
> > in a transaction are rational, and have correct, perfect information.
>
> I have to agree - this one thing of Friedman's continues
> to bedevil people. I interpret it as being like the
> frictionless billiard-ball physics of ninth graders - he
> was simplifying the message to make it a mass message. But
> he's going to the market as a source of information itself,
> which is what was intended to impress people.
>
> Indeed, I don't think you can talk about comparative
> advantage without *im*perfect information. *People* are
> *im*perfect. Groupthink happens; that is why we have
> bubbles and whatnot.
>
> But I don't really know what he intended with all that, and
> it's largely beside the point. I think this
> is a lot more interesting:
>
> http://www.janegalt.net/blog/archives/004833.html
>
> > that is a straight shooter, who does not practice double speak. or, he
> > was a idiot, possibly insane not to understand his fellow human being,
> > and completely ignorant of history. which was he?
>
> Why, he might simply have been.... *im*perfect. :) Newton
> was just absolutely insane at points, but his work is highly
> useful. Old Milton was far from crazy.
>
> > all fascism is, is libertarianism in decay.
>
> Well okay then. And all up is down, and all blue is green. Bully! All
> this stuff headends in human psychology, which is ... ugly.
>
> "What's the ugliest part of your body? It could be your mind." - Frank
> Zappa.
>
> >> --
> >> Les Cargill
>
> --
> Les Cargill
He took one look at Pinochet's Chile, and lamented; "Political
freedom, once established, tends to destroy economic freedom." In
other words, to have a healthy economy you have to be run by a
ruthless dictator.
Case closed.
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