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To: TigerPaw who wrote (8966)4/15/2002 2:03:20 AM
From: Lazarus_Long  Read Replies (1) | Respond to of 21057
 
Yeah. The guys who brought us social security, the federal budget (an oxymoron)m and the US tax code are real geniuses and should be allowed to run everything.

"The commons" is a code phrase for groupthink and socialism.



To: TigerPaw who wrote (8966)4/17/2002 11:35:29 AM
From: TimF  Read Replies (1) | Respond to of 21057
 
You should re-read the way the commons works. Common resources and freedoms are actually lost when left in a state of anarchy.

Who said I am for a state of anarchy? Libertarian does not equal anarchist.

They only appear free if there is such an abundance that nobody needs to worry about sharing. It's not that the
government is made up of super-genuises, but the central government has the possiblility of being an honest broker, they after all, govern with the consent of the governed.


Private businesses in a competitive market have competitors. The government is a monopoly and its allowed to use force to implement its policies. A good reason to minimize the areas it controls.

Its more then the fact that the government is not smarter then the private sector. The people and groups in the government have the same type of incentives to try to help themselves rather then the country as a whole that private business have. Also the private sector responds to prices. If the government controls an area of the economy it would distort or negate those price signals. No one, even a real super genius, is smart enough to figure out how to accurately allocate resources without the signals generated from prices in a capitalist system. Its not that capitalists are smarter its that they don't try to implement an economic plan, they respond to the signals that prices give them.

Have you ever read any thing about public choice economics or "Austrian economics"?

Tim