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Politics : Mainstream Politics and Economics
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To: Paul Smith who wrote (6622)1/9/2012 12:33:35 PM
From: Steve Lokness  Read Replies (3) of 85487
 
<<<You told me that the brake work you charged me for would allow me to stop my car and it doesn't! >>>

Oh come on Paul. We all know what happens if brakes fail. We don't know what happens in a completely untestable economic decision. That is what makes economics so difficult - it doesn't lend itself to testing. You can't take an economy and plug in different solutions to watch what happens. I happend to be a believer in the Austrian School, but there is absolutely no proof that my way is best.
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