republonomics -- third in a series

Feb 24, 2009 11:48

My brother's a (very much Chicago-school) economist. I used to get in arguments with him along the lines of him accusing me of "not believing in the free market." My rejoinder was always something along the lines of "Sure I do. I believe in combustion, too, but I call 911 if my house is on fire."

The "invisible hand" isn't a God damned ( Read more... )

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Comments 4

boundfate February 24 2009, 17:53:01 UTC
Absolutely.

The only way you can properly manipulate capitalism and a free market is by accepting that all parties are first and foremost self interested.

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anonymous February 27 2009, 22:26:44 UTC
Put government in charge of business and all you do is shift companies to the business of government.

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king_mob February 28 2009, 00:13:08 UTC
What the fuck did I say that sounded like "Please post non sequiturs in comments?" Go read a book.

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anonymous February 28 2009, 00:55:28 UTC
Well, no, see, because there's a separate thing called "government" that then regulates the businesses.

We've had corporations running the government by demanding their "free reign and handouts plz thx" for some time.

Also, inhale a bag of horse vulva. First, take a few pounds of horse vulva, puree' them, then dry them, then grind them into a fine powder, then inhale them.

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