No, I don't claim expertise in anything. On Sat, Sep 10, 2011 at 4:00 PM, Kurt Buff <kurt.b...@gmail.com> wrote:
> Only on a very limited set of subjects. > > I don't think I differ in this from most here - we all have our areas of > expertise, including you. > > Kurt > > > On Sat, Sep 10, 2011 at 09:28, Jonathan Link <jonathan.l...@gmail.com>wrote: > >> Yes, everyone is (or the great majority of people are) wrong, you're >> right. This is your standard song, Kurt. >> >> >> >> On Sat, Sep 10, 2011 at 12:15 PM, Kurt Buff <kurt.b...@gmail.com> wrote: >> >>> Both 'Man, Economy and State' and 'Human Action' start from first >>> principles, and cover the ground far better than, for instance Samuelson, >>> which I've read in several editions, and which I can't recommend to anyone. >>> >>> What is taught in most university courses is just flat wrong, both in >>> approach and content. >>> >>> Kurt >>> >>> >>> On Sat, Sep 10, 2011 at 01:17, Ken Schaefer <k...@adopenstatic.com>wrote: >>> >>>> You will find transactions costs in any microeconomics text too. And >>>> whilst they can be related, they are not the same.**** >>>> >>>> ** ** >>>> >>>> None of the titles you listed before is actually a microeconomics text >>>> that you’d study in 1st year Uni. One needs to start from first >>>> principles – positive economics – not normative economics, which your list >>>> of texts is. Start from the theories of how things work, rather than >>>> reading >>>> books arguing about how the world should be.**** >>>> >>>> ** ** >>>> >>>> Cheers**** >>>> >>>> Ken**** >>>> >>>> ** ** >>>> >>>> *From:* Kurt Buff [mailto:kurt.b...@gmail.com] >>>> *Sent:* Friday, 9 September 2011 9:59 PM >>>> *To:* NT System Admin Issues >>>> *Subject:* Re: DigiNotar compromise**** >>>> >>>> ** ** >>>> >>>> This is just another argument about imperfect information. See my >>>> earlier response.**** >>>> >>>> On Thu, Sep 8, 2011 at 22:45, Ken Schaefer <k...@adopenstatic.com> >>>> wrote:**** >>>> >>>> Government regulations are not necessarily anti-competitive. Property >>>> rights are typically enforced through government regulation, as most other >>>> systems tend to break down in “right is might” chaos.**** >>>> >>>> **** >>>> >>>> In some areas, transaction costs inhibit the market: e.g. it simply >>>> costs too much for an individual to do their due diligence on a purchase. >>>> So >>>> governments set minimum standards, so that consumers can purchase with a >>>> level of confidence without needing to resort to their own >>>> investigation/verification.**** >>>> >>>> **** >>>> >>>> **** >>>> >>>> *From:* Kurt Buff [mailto:kurt.b...@gmail.com] >>>> *Sent:* Friday, 9 September 2011 11:59 AM**** >>>> >>>> >>>> *To:* NT System Admin Issues >>>> *Subject:* Re: DigiNotar compromise**** >>>> >>>> **** >>>> >>>> Alrighty then.**** >>>> >>>> >>>> >>>> If you want us all to be more precise, I'll restate: >>>> >>>> Laws and regulations that inhibit the free exercise of individual's >>>> rights to their own property and right of contract (and by individuals I >>>> don't mean corporations), deny the ability of the participants in the >>>> marketplace (i.e., those who are buying and selling) to gain a correct >>>> signal in regard to supply and demand. If you can't sell what you have to >>>> me >>>> at a price and under conditions agreed to by both of us, we will not be >>>> making a transaction that satisfies our full mutual requirements. One of >>>> us, >>>> buyer or seller, will be come out behind on the transaction. >>>> >>>> Government regulations are by definition anti-competitive. >>>> >>>> This is basic economics. >>>> >>>> Kurt**** >>>> >>>> On Thu, Sep 8, 2011 at 19:53, Andrew S. Baker <asbz...@gmail.com> >>>> wrote:**** >>>> >>>> The *market* makes decisions? >>>> >>>> Where is this mythical market? The market is based on people, and if >>>> they can't be trusted to make good decisions without oversight when grouped >>>> together under the banner of government, they cannot be trusted to do so >>>> when grouped together under the banner of corporation or market. >>>> >>>> People, as we have oft observed on this very list, tend to make very bad >>>> decision -- more so in groups. >>>> >>>> *Theoretically* a free market system will operate better than many >>>> others under most circumstances, but in practice, a *little* bit of >>>> regulation is needed to make sure that the rules largely remain throughout >>>> the game the way they did at the beginning of the game. Most regulation, >>>> it might easily be observed, has come about when the leaders in a given >>>> market got too free with said market, to the detriment of other players in >>>> that market. >>>> >>>> But hey, don't let reality stop you from fawning over what could be... >>>> >>>> Oh, and I fully expect that in addition to "iPhone thread!" we're now >>>> going to have to endure months of "DigiNotar thread!" >>>> **** >>>> >>>> **** >>>> >>>> *ASB***** >>>> >>>> *http://XeeMe.com/AndrewBaker <http://xeeme.com/AndrewBaker>***** >>>> >>>> *Harnessing the Advantages of Technology for the SMB market…***** >>>> >>>> ** ** >>>> >>>> On Thu, Sep 8, 2011 at 6:28 PM, Kurt Buff <kurt.b...@gmail.com> wrote:* >>>> *** >>>> >>>> And in practice. >>>> >>>> Outside the textbook, laws and regulation which don't respect property >>>> and contract rights robs the market of its ability to make decisions.** >>>> ** >>>> >>>> >>>> >>>> **** >>>> >>>> On Thu, Sep 8, 2011 at 13:28, Andrew S. Baker <asbz...@gmail.com> >>>> wrote:**** >>>> >>>> *>>**A free market doesn't guarantee good results, just better results >>>> than anything else.* >>>> **** >>>> >>>> In theory. Outside of the textbook, the abundant use of free market >>>> often requires regulatory intervention...**** >>>> >>>> *ASB***** >>>> >>>> *http://XeeMe.com/AndrewBaker <http://xeeme.com/AndrewBaker>***** >>>> >>>> *Harnessing the Advantages of Technology for the SMB market…***** >>>> >>>> ** ** >>>> >>>> On Thu, Sep 8, 2011 at 3:52 PM, Kurt Buff <kurt.b...@gmail.com> wrote:* >>>> *** >>>> >>>> On Thu, Sep 8, 2011 at 10:28, Ben Scott <mailvor...@gmail.com> wrote: >>>> > On Wed, Sep 7, 2011 at 11:05 PM, Ken Schaefer <k...@adopenstatic.com> >>>> wrote: >>>> >>> There's no rule that says that has to happen. It would appear >>>> >>> that most people chose price over security, and so far that has >>>> >>> generally meant that those who value security more are left >>>> >>> without any really satisfying vendor. >>>> >>**** >>>> >>>> >> If there's a market, or even if someone thinks there's a market, plus >>>> a >>>> >> way to make it profitable, then you can bet someone will start >>>> something up. >>>> > >>>> > You ignore startup costs, network effects, and other >>>> barriers-to-entry. >>>> > >>>> > Start, sure. Succeed or see any real adoption? Not so certain. >>>> > The free market is not a panacea.**** >>>> >>>> A free market doesn't guarantee good results, just better results than >>>> anything else. >>>> >>>> Kurt**** >>>> >>>> **** >>>> >>>> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >>>> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >>>> >>>> --- >>>> To manage subscriptions click here: >>>> http://lyris.sunbelt-software.com/read/my_forums/ >>>> or send an email to listmana...@lyris.sunbeltsoftware.com >>>> with the body: unsubscribe ntsysadmin**** >>>> >>>> **** >>>> >>>> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >>>> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >>>> >>>> --- >>>> To manage subscriptions click here: >>>> http://lyris.sunbelt-software.com/read/my_forums/ >>>> or send an email to listmana...@lyris.sunbeltsoftware.com >>>> with the body: unsubscribe ntsysadmin**** >>>> >>>> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >>>> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >>>> >>>> --- >>>> To manage subscriptions click here: >>>> http://lyris.sunbelt-software.com/read/my_forums/ >>>> or send an email to listmana...@lyris.sunbeltsoftware.com >>>> with the body: unsubscribe ntsysadmin**** >>>> >>>> ** ** >>>> >>>> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >>>> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >>>> >>>> --- >>>> To manage subscriptions click here: >>>> http://lyris.sunbelt-software.com/read/my_forums/ >>>> or send an email to listmana...@lyris.sunbeltsoftware.com >>>> with the body: unsubscribe ntsysadmin**** >>>> >>>> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >>>> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >>>> >>>> --- >>>> To manage subscriptions click here: >>>> http://lyris.sunbelt-software.com/read/my_forums/ >>>> or send an email to listmana...@lyris.sunbeltsoftware.com >>>> with the body: unsubscribe ntsysadmin >>>> >>> >>> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >>> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >>> >>> --- >>> To manage subscriptions click here: >>> http://lyris.sunbelt-software.com/read/my_forums/ >>> or send an email to listmana...@lyris.sunbeltsoftware.com >>> with the body: unsubscribe ntsysadmin >>> >> >> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >> >> --- >> To manage subscriptions click here: >> http://lyris.sunbelt-software.com/read/my_forums/ >> or send an email to listmana...@lyris.sunbeltsoftware.com >> with the body: unsubscribe ntsysadmin >> > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > --- > To manage subscriptions click here: > http://lyris.sunbelt-software.com/read/my_forums/ > or send an email to listmana...@lyris.sunbeltsoftware.com > with the body: unsubscribe ntsysadmin > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ --- To manage subscriptions click here: http://lyris.sunbelt-software.com/read/my_forums/ or send an email to listmana...@lyris.sunbeltsoftware.com with the body: unsubscribe ntsysadmin
