From: Perry E. Metzger (perry@piermont.com)
Date: Sun Jan 04 2004 - 17:32:02 MST
Tommy McCabe <rocketjet314@yahoo.com> writes:
>>--- Randall Randall <randall@randallsquared.com>
>> No, it's deeper than that. Markets driven by self-interest are the
>> only proven method (so far) of coping with the simultaneous,
>> mutually exclusive needs of a large population for goods
>> distribution.
Ka-ching!
>> Even a population made up of exclusively altruistic individuals
>> would require those individuals to pretend self-interest in order
>> to find an optimal solution to goods distribution, no?
>
> Read CFAI 2.2.2. All the dominance of capitalist
> economies proves is that humans have observer-centered
> divergent goal systems (something we knew anyway), not
> that other economic models will never work for minds-in-general.
I would suggest reading some essays on the calculation problem or
Pareto optimality. In fact, I'd go further -- learn about economics,
period. It seems pretty obvious here that some people in the
discussion understand the topic and others do not.
Perry
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