From: Dehede011@aol.com
Date: Sun Oct 20 2002 - 07:31:43 MDT
In a message dated 10/20/2002 1:20:41 AM Central Standard Time,
lcorbin@tsoft.com writes: There is a reason that it's unexplored. It's too
difficult for all the geniuses and all the computer simulations and programs
that thousands and thousands of economists around the world have tried.
Lee,
Yes, if you read von Hayek's Road to Serfdom he describes the
situation you have just mentioned and says that at some point a planned
economy gets too complex for an elected legislature to manage. At that time
conditions often get so bad that the electorate starts demanding a strongman
take over to make the decisions to make things come out right. Then as
absolute power corrupts absolutely we get a Hitler.
You mentioned "Axiom #1 has to be: there is no accounting for taste."
Let me offer Axiom #2, "There is always a thug that thinks he is God and will
kill to prove it."
Ron h.
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