View Single Post
Old 03-08-2013, 11:19 AM   #47
Rohirrim
Partisan
 
Rohirrim's Avatar
 

Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 54,427

Adopt-a-Bronco:
Malik Jackson
Default

Quote:
Originally Posted by BroncoBeavis View Post
Which is synonymous. 5 or 10 or 100 'experts' locked in a room planning things will never accomplish what the free market does. It ties into how people think humanity is getting smarter. It's not. In many ways we're less intelligent. We're just able to collectivize ideas like never before.

And that approach applies to our markets more than almost anything else (especially in an information age). It's not about picking the right experts to 'fix' things. It's about relying on 'experts' (in a control context) as rarely as possible.
Let me know when that "free" market you keep talking about is going to start.
Rohirrim is offline   Reply With Quote