From: Brian D Williams (talon57@well.com)
Date: Mon Aug 20 2001 - 09:07:36 MDT
>From: "Olga Bourlin" <fauxever@sprynet.com>
>I personally don't understand the trust libertarians in general
>seem to put on "the individual." I don't recall reading of any
>time in our history (U.S. history) when libertarianism was
>supposedly in bloom, and when peace, prosperity and goodwill
>reigned. If there was such a time (a better time for citizens in
>the U.S., compared to recent years), I'd like to know when
>that time was.
There was no "golden age of Libertarianism", and individualism and
Libertarianism are completely different.
>My dear husband and I were recently talking, and something he said
>really caught my attention. He speculated that if past failures
>of statist economies can often be attributed to mismanagement of
>faulty data, then with the advent of advances such as artificial
>intelligence, comprehensive economic data on both macro- and
>micro- levels, as well as more refined modeling and forecasting
>techniques, there is no reason why centrally controlled economies
>may not turn out to be the more effective system, after all, in
>the future.
This is not a new idea, and it's inaccuracies are well known. First
we do not have an exact science of economics, and second we know
economics to be in the realm of non-linear dynamics( "chaos"
theory). Certain processes within these systems may be predictable
(see the book "The Prediction Company" or visit www.predict.com)
but the system as a whole has far to much volatility (information)
to yield to central planning.
Wealth redistribution schemes are established failures for a number
of reasons. First, you are rewarding failure so the predictable
result is more failure. Second, giving money to people is like
giving morphine, it solves an immediate problem, but they quickly
develop a dependancy, this happens to wealthy and well educated
people as easily as poor uneducated ones. The solution is a limited
time exposure, then they have to be weaned off of it.
Elementary non-linear dynamics, cybernetics, economics, and social
theory.
Brian
Member:
Extropy Institute, www.extropy.org
National Rifle Association, www.nra.org, 1.800.672.3888
SBC/Ameritech Data Center Chicago, IL, Local 134 I.B.E.W
Disclosure notice: currently "plonked"
"Joe Dees" <joedees@addall.com>
"Party of Citizens"<citizens@vcn.bc.ca>
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