The WSJ today urges that the Invisible Hand needs more than a little "rationality and organization around it".
I've summarized the article at: http://www.users.cloud9.net/~bradmcc/quotes6.html#Q187 I could almost have written the article myself if I knew what the author knows about the subject. The article even addresses what I see as "Harry's notion" about people exchanging things for their mutual advantage. The article says that this works in small informal spontaneous markets "because they're so simple", but "such markets aren't typical of a modern economy...." "We cannot simply let markets work. We must make markets work...." Sounds like *a* form of social planning, to me.... \brad mccormick -- Let your light so shine before men, that they may see your good works.... (Matt 5:16) Prove all things; hold fast that which is good. (1 Thes 5:21) <![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED] ----------------------------------------------------------------- Visit my website ==> http://www.users.cloud9.net/~bradmcc/ _______________________________________________ Futurework mailing list [EMAIL PROTECTED] http://scribe.uwaterloo.ca/mailman/listinfo/futurework
