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Re: The futility of planning
Old 01-24-2004, 02:26 PM   #21
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Re: The futility of planning

*Anyway, the only exception I would take
is with the implication that our citizens (and especially politicians)
are getting smarter. *
Economics is a science, and there is no question but that a lot more is understood about it today than in the 1930s, just as with physics, biology, etc. Of course, there are always some people who believe in outmoded concepts such as a flat earth, a gold standard, and the idea that free international trade makes "working people" in the U.S. and other countries worse off.

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Re: The futility of planning
Old 01-25-2004, 07:51 AM   #22
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Re: The futility of planning

Yes, Ted but then there is John Galt's First Law of human activity.............The best predictor of future
behavior is past behavior. Those who do not learn from past mistakes are truly condemned to repeat them.
One does not have to be a student of history, or even a
very careful observor of contemporary society to
recognize these things being played out all around

John Galt
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