-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On Monday 13 October 2008, Jim Davidson was heard to say: > In short, the government can change the rules, and does, often. It > cannot manage the economy. It cannot make better decisions than > hundreds of millions of people left alone. But it can make some > much worse ones.
Exactly. I think this is where the central planners make their biggest mistake: People adapt to the new rules. Maybe, if "all else being equal" were actually true, a change "here" might have a predictable outcome "there". But by making that change every actor has a new set of priorities due to the change in environment. The greatest error, the most obscene statement of hubris of the central planner, is embodied in the phrase "all else being equal", as if they and only they are capable of _acting_. Curt- - -- This November, vote NO for all those who voted AYE: http://clerk.house.gov/cgi-bin/vote.asp?year=2008&rollnumber=681 http://tinyurl.com/4tg88o (senate) -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.9 (GNU/Linux) iQEVAwUBSPOepi9Y35yItIgBAQL5Rgf9HVuOinAuV+uVk9P7GwYRFgKh7RXy6C7o VljTSxEhoOgdjssPql5/S3BJIIoWtKJz7pEpyp/o3U4IDkycbbegJsEeSwg3BmX8 xZZ3YOkaemyqcOcSPANbXz/I/tckA58hDjIyVHy8PbtExJnKaHWw1SdUKVNjrSsh fcuT0F1UUcI7hNSjjS2qkfwro0prAzpyQD3WalA999rPuAs8WJwaQs9q5FxFw82v 5CjVXHVCs3iSI7E4lVQ7t0bkAUzilESM2QTZ2JnQIJZECjNia75s9Bg8A/Jpj32f s/QV45hlX317v1B6FfNDe4WFCvcbgtu3Xrh7axICLc8bsrsItFYTmA== =BnCV -----END PGP SIGNATURE-----
