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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: SecularBull who wrote (354699)2/6/2003 9:55:37 AM
From: TigerPaw  Read Replies (1) | Respond to of 769670
 
punishing achievers

In engineering terms, a stable system of amplifiers is achieved through negative feedback. The output is sampled and that is used to adjust the input levels so that the system is not overwhelmed. Such an amplifier has improved fidelity. I think this is a good analogy to the amplification of wealth effects in a free society with fidelity being analgous to fairness, the ability of the reward system to best track the relative inputs of the participants.

TP