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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Daniel W. Koehler who wrote (8256)	6/3/1998 12:37:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 74651

>>I understand what ceteris paribus means. Congratulations, that puts you in the top 0.1%. Now how about explaining it to this chowderhead. <g>

To: Daniel W. Koehler who wrote (8256)	6/3/1998 5:56:00 PM
From: M31	Read Replies (1) \| Respond to of 74651

Daniel -- Re: But your proposition borders on the metaphysical. True, but I was trying to pose questions that would make you think a little deeper about the interrelationships between government and business. First, you can't hold "all other things equal" in a stochastic environment where every variable's output in another variable's input. You can if you choose a starting point. We CAN verify that the American free market has secularly created wealth and captial more efficiently than in countries with more autocratic forms of government. I agree. So, if we're being arbitrary, let's also speculate on the improvement in America's wealth and captial generation ability under laissez faire and under anarchy as well as the current mixed economy, socialism and totalitarianism. Where a laissez faire government would allow microsoft to abuse its Windows monopoly? The real question I think we need to ask ourselves is how much government drag is "optimal" for a healthy economy consistent with individual liberty. A ship can sail more stably with ballast but not more speedily nor more efficiently. Better than the parasite analogy, but I still think there's a lot more to government than drag. Let me pose another hypothetical question. Which, in your opinion, is the greater achievement: the United States Constitution (w/amendments) or Windows? Do you see what I'm getting at? M31