SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (166038)7/30/2001 6:32:21 PM
From: Thomas A Watson  Read Replies (2) | Respond to of 769667
 
In todays world information is many cases if free. What is the cost of a library card? Even without one one can use any public library and contained within is the information that would allow anyone to learn lots.

If one has been unlucky in life one can still sacrifice the time and expand ones opportunity.

All kinds of self help and training can be had. It take time and sacrifice. Capitalism has created this environment. "the market's invisible hand" One can dwell on what those who have little sympathy have for the plight of others or one can look to identifying who to give those who are trapped by their own ignorance the pointer to freedom.

tom watson tosiwmee



To: puborectalis who wrote (166038)7/30/2001 6:55:51 PM
From: Gordon A. Langston  Respond to of 769667
 
The inability of growth to substantially increase general living
conditions became the primary concern of Smith's intellectual descendants. Thinkers such as Ricardo and Malthus
postulated that overpopulation, low wages, and starvation would always continue to plague society. Economics,
which started with Smith's guarded optimism, quickly became known as "the dismal science."


General living conditions is the US have improved. Imagine what Malthus would say about his overpopulation theory today but then he started from a pessimistic point of view. Starvation is logistical in general and more a political problem.

Don't you worry that medicine will appear "dismal" until they cure the common cold?