Re: Gotta love the intelligence of our betters - wonder if anyone ever explained to that lady in red who Keynes was

Hi MJ,..... How you doin'?
Okay , I hope....
I like your appreciation for "Freedom and Liberty" .... As a
"thematic consideration"... broad terms...Do you ever think along the
lines of whether there is a distinction to be made between.... say....
Liberty and License?.... I wonder how you would frame such a
distinction, yourself.....
nominal9

On Nov 2, 12:00 pm, MJ <micha...@america.net> wrote:
> No socialist author ever gave a thought to the possibility that the abstract entity which he wants to vest with unlimited power whether it is called humanity, society, nation, state, or government could act in a way of which he himself disapproves.
> -- Ludwig von Mises, Human Action: A Treatise on Economics, 692 (rev'd ed. 1966)At 07:34 AM 11/2/2010, you wrote:Economics (all of it).....Too Much "theory".... not enough factual
> empirical verification....after all, it is a Social Science... there
> are "humans" imvolved.... Free will... at work... it isn.t like a
> strict inanimate chemical reaction, say... where t you have
> certifiable and expected cause and effect relations under similar
> circumstances, every time...... Human reactions (Social Sciences,
> Economincs, et al) are more Action-Reaction, where human input
> interjects a "choice" (even if limited) in both the Actiuon and the
> Reaction....long strory short... my observation... Keynes , Smith,
> Marx...Joe Shmo..; whoever... when it comes to economic theory....
> it's always a crapshoot as to what the "result" will be....if the
> carrot doesn't work... take out the stick.... if stimulus money
> doesn't work.... the fat-cats just "pocket" their profits... then tax
> the shit out of the greedy crumb-bums....empirical verification....
> On Nov 1, 11:10 pm, dick thompson <rhomp2...@earthlink.net> wrote:
> > g
> > j   http://althouse.blogspot.com/2010/11/obama-keynesian-sign-makes-rally...
> --
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