Most ET conservatives in worlds Top 1% . ET lefties... not so much
- Thread starter TJustice
- Start date
Fredie you are an idiot.
You still have not given us your definition of a free market.
So there still has been no argument.
Obviously that is too high level of a thought for you to comprehend.
However, you putting down "economists Ronald Coase, Milton Friedman, Ludwig von Mises, and Friedrich A. Hayek," as cardboard cutouts to Keynes manifests your thundering ignorance on this subject.
On Heyek's books the road to serfdom...
https://delong.typepad.com/sdj/2013...iedrich-von-hayek-on-john-maynard-keynes.html
In my opinion [The Road to Serfdom] is a grand book. We all have the greatest reason to be grateful to you for saying so well what needs to be said. You will not expect me to accept quite al the economic dicta in it. But morally and philosophically I find myself in agreement with virtually the whole of it, and not only in agreement with it, but in a deeply moved agreement….
I should say that what we want is not no planning, or even less planning, indeed I hold say that we almost certainly want more. But the planning should take place in a community in which as many people as possible, both leaders and followers, wholly share your own moral position. Moderate planning will be safe if those carrying it out are rightly orientated in their minds and hearts to the moral issue…
You still have not given us your definition of a free market.
So there still has been no argument.
Obviously that is too high level of a thought for you to comprehend.
However, you putting down "economists Ronald Coase, Milton Friedman, Ludwig von Mises, and Friedrich A. Hayek," as cardboard cutouts to Keynes manifests your thundering ignorance on this subject.
On Heyek's books the road to serfdom...
https://delong.typepad.com/sdj/2013...iedrich-von-hayek-on-john-maynard-keynes.html
In my opinion [The Road to Serfdom] is a grand book. We all have the greatest reason to be grateful to you for saying so well what needs to be said. You will not expect me to accept quite al the economic dicta in it. But morally and philosophically I find myself in agreement with virtually the whole of it, and not only in agreement with it, but in a deeply moved agreement….
I should say that what we want is not no planning, or even less planning, indeed I hold say that we almost certainly want more. But the planning should take place in a community in which as many people as possible, both leaders and followers, wholly share your own moral position. Moderate planning will be safe if those carrying it out are rightly orientated in their minds and hearts to the moral issue…
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I just ordered 10 waterpicks*, four Dyson cordless stick vacs & five 360 degree dashcams.
At least I achieved something not talking to a rock
* I know, but they are not very common in Colombia.
At least I achieved something not talking to a rock
* I know, but they are not very common in Colombia.
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It's unfortunate that you only have access to "cut" and "paste." No "think."
Still waiting:
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That is brilliant. I'm going to make a Think appear after Buy/Sell are clicked for a friend to stop him Martingaleing so much.
TC is so far out of his league in this discussion 
TC is so far out of his league in this discussion
League? is he even playing the same sport?
Cut and Paste us something TJ.
What does that have to do with anything?
I would never describe our current economy as free market.
I have made the point many times, it is not.
I argue many of our economic ills exist because our market is rigged.
Govt interference with home prices via tax breaks. A tax policy which favors some groups over others.
Guaranteed mortgages causing home prices to be irrational
Guaranteed student loans allowing colleges to price education like Obamacare exchanges. Obamacare and its ridiculous exchanges.
The bank bailouts when creative destruction should have been allowed.
Insurance regulations limiting competition of a few companies in each state.
Inability to import drugs allows market distortion and price gouging.
The list is almost endless.
How can you have a free market when a Bank can create 9 to 13 trillion US dollars and distribute that money as it sees fit without even telling Congress. (Until it is sued by Bloomberg) and we still don't know how much money it creates.
Many of us argue for smaller govt all the time because our government distorts the market.
I would never describe our current economy as free market.
I have made the point many times, it is not.
I argue many of our economic ills exist because our market is rigged.
Govt interference with home prices via tax breaks. A tax policy which favors some groups over others.
Guaranteed mortgages causing home prices to be irrational
Guaranteed student loans allowing colleges to price education like Obamacare exchanges. Obamacare and its ridiculous exchanges.
The bank bailouts when creative destruction should have been allowed.
Insurance regulations limiting competition of a few companies in each state.
Inability to import drugs allows market distortion and price gouging.
The list is almost endless.
How can you have a free market when a Bank can create 9 to 13 trillion US dollars and distribute that money as it sees fit without even telling Congress. (Until it is sued by Bloomberg) and we still don't know how much money it creates.
Many of us argue for smaller govt all the time because our government distorts the market.
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