[ExI] Belief in Market Efficiency.

John K Clark jonkc at bellsouth.net
Sat Jan 31 18:36:49 UTC 2009

"Damien Broderick" <thespike at satx.rr.com>

> It is more often pointed out that a regulated market
> does not work as well as an infinitely wise unregulated 
> market that always makes brilliant and moral decisions.

Most free market people I know have some sense and don't claim it 
always does the right thing, they just claim it is more likely to do
so than a bunch of political hacks.

> I thought the US system of governance was notable for being
> founded on "checks and balances".

Oh it's known for all sorts of things, doesn't mean any of it actually 

 John K Clark

More information about the extropy-chat mailing list