Re: Markets (was Re: Hayek was right. Twice.)

2002-07-08 Thread Sampo Syreeni
On Thu, 4 Jul 2002, Ian Grigg wrote: >See also the work of Eric Hughes, John Walker, the AMIX, Robin Hanson >and others. Believe me, they're all known to me and properly appreciated. >Well, the problem is that you are asking too much of one OS. If you >want stability, use FreeBSD (we do). If y

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-04 Thread Sampo Syreeni
On Wed, 3 Jul 2002 [EMAIL PROTECTED] wrote: >Again, If you offered the average guy the deal "Would you like on demand >access to all movies and television shows ever made, even if it meant >fewer and lower budget movie releases in future?", I think most people >would go for on demand access to ev

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-04 Thread Sampo Syreeni
On Wed, 3 Jul 2002, Gabriel Rocha wrote: >Property does not always consist of physical goods. Of course not. Am I not making this precise point? >To use some of your examples, the polical process involves votes, which >are the property of the person casting the ballots, likewise, at least >in t

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-04 Thread Mikko Särelä
On Thu, 4 Jul 2002, Sampo Syreeni wrote: > But try constructing an Independence Day without Will Smith. Or the > special effects. Or the soundtrack. Or the distribution chain. Try > guaranteeing that it arrives on schedule without making a loss. Luckily movie industry will not be hit by the free

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-04 Thread jamesd
-- James A. Donald: > > Again, If you offered the average guy the deal "Would you like > > on demand access to all movies and television shows ever made, > > even if it meant fewer and lower budget movie releases in > > future?", I think most people would go for on demand access to > > eve

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-03 Thread Gabriel Rocha
On Thu, Jul 04, at 01:26AM, Sampo Syreeni wrote: | >I can't see a market defined as anything else than "private property and | >voluntary exchange". | | Then you really must be blind. Markets not based on private property or | volition abound. The political process is one of them.

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-03 Thread Sampo Syreeni
On Wed, 3 Jul 2002, Marcel Popescu wrote: >I can't see a market defined as anything else than "private property and >voluntary exchange". Then you really must be blind. Markets not based on private property or volition abound. The political process is one of them. Social control is another. Gift

Re: Markets (was Re: Hayek was right. Twice.)

2002-07-03 Thread jamesd
-- On 4 Jul 2002 at 1:26, Sampo Syreeni wrote: > But try constructing an Independence Day without Will Smith. Or > the special effects. Or the soundtrack. Or the distribution > chain. Try guaranteeing that it arrives on schedule without > making a loss. I think you will not be able to accompli

Markets (was Re: Hayek was right. Twice.)

2002-07-03 Thread Marcel Popescu
From: "Sampo Syreeni" <[EMAIL PROTECTED]> > >There's no such thing as "efficient level", except in the tautology "the > >market outcome is always efficient". > > Only if you take as granted a market based on some fixed set of property > rights and other rules of exchange. If you do this, there is