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Old 09-01-2011, 11:25 AM
badhatharry badhatharry is offline
 
Join Date: Jul 2009
Location: eastern sierra
Posts: 5,413
Default Re: Booze and Money (Tim Fernholz & Megan McArdle)

Quote:
Originally Posted by Starwatcher162536 View Post
It get a little old how much it is asserted that humility in what is knowable means we should do nothing.
Hayek: (in spirit)

Quote:
I don't want to do nothing, there's plenty to do. The question I ponder is who plans for who? Do I plan for myself, or leave it to you? ...
Quote:
People aren’t chess men you move on a board at your whim, their dreams and desires ignored. With political incentives, discretion’s a joke. Those dials are twisting – just mirrors and smoke. We need stable rules and real market prices so prosperity emerges and cuts short the crisis. Give us a chance so we can discover the most valuable ways to serve one another
.

or...

People aren’t chess men you move on a board
at your whim, their dreams and desires ignored.
With political incentives, discretion’s a joke.
Those dials are twisting – just mirrors and smoke
We need stable rules and real market prices
so prosperity emerges and cuts short the crisis.
Give us a chance so we can discover
the most valuable ways to serve one another
__________________
"By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it." Adam Smith

Last edited by badhatharry; 09-01-2011 at 02:14 PM..
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