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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (43587)12/18/2003 9:02:12 AM
From: AC Flyer  Read Replies (3) of 74559
 
>>Relying on markets is such a stupid idea I can't even begin to attempt to educate you<<

When you make statements like this, Ray, I marvel at your ability to cognitively function on any level at all.

A lifetime of observation of the human condition leads me to believe that for many people there is no such thing as objective reality. The ability to recognize objective reality is a genetic trait, like eye color, and is possessed only by a minority. The genes for social conformance, on the other hand, run wide and deep in the human population. This is not too surprising, as rejecting group norms remains to this day the fastest route to becoming deprived of the collective resources of the tribe. Of course, the probability of survival of the collective gene pool is enhanced when the population possesses a minority of individuals who are capable of grasping that fire is a result of the application of high temperature to combustible materials and not of some incomprehensible magic, which is why the genes required for recognizing reality survive at all.

The world, is running, right now, Ray, a large scale test with multiple controls, of your hypothesis that free markets are not the best way to organize human economic activity. The results of this experiment are clear - that individual and collective wealth correlates with the degree of market freedom in a society with a correlation coefficient approaching 1. The fact that you do not recognize this is not really your fault. You just do not possess the brain wiring to allow you to recognize it. apa.org
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