Clinton's Scandals: Is this corruption the worst ever? Message Board

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Politics : Clinton's Scandals: Is this corruption the worst ever?

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To: PiMac who wrote (12627)	5/22/1999 10:55:00 PM
From: Neocon	Read Replies (1) of 13994

Paragraph 1.) No... P2.) Maybe... P3.) The economic system yields to the intermediate form of calculation, precisely because that is the more realistic way of assessing what must be done... P4.) It is not a matter of efficiency, precisely, but of realism... P5.) Mostly, government intervention in the economy merely harms it, by distorting the information contained in the price system, and leading to bad decisions, and by confusing incentives. If you will not factor in the irreducible aspect of contingency, and the resulting uncertainty, as being central to the process of utilizing resources, and if you will not acknowledge that competition for resources is unavoidable, then you will waste a great deal of time in trying to find a method of allocation that is efficient and frictionless ...

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