On 24/09/2008, at 1:16 PM, John Williams wrote:
Sorry, I have much less confidence in
> politicians and people like you than I do in the collective self- 
> interest and creativity
> of a large group of talented people to solve problems competitively.

Tragedy of the Commons. Murray/Darling River system. Easter Island.

There is such a thing (provably) as an Evolutionarily Stable Strategy  
that can lead to extinction, and I reckon the completely unregulated  
market is one of them.

Charlie.
Counterexample Maru.
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