Subject:
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Re: Rights to free goods? (was Re: What happened?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Mon, 26 Jul 1999 15:52:05 GMT
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Viewed:
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1157 times
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On Thu, 22 Jul 1999 11:45:40 GMT, Larry Pieniazek <lar@voyager.net>
wrote:
> > In _theory_, someone/some committee _with all the information_ making
> > decisions can do better (as measured by the utilitarian principle)
>
> So you're conceding the rights based argument, then? Good.
Says who? The mere fact that I choose to make a post focusing on one
side of the argument does not mean I concede the other.
Far from it. The trouble is, we both start from opposite views of what
is a right and what is not, and therefore, well, never the twain shall
meet.
> No. In THEORY it's impossible for any finite committee to outperform
> (that is, out allocate) the market, unless they have more information
> than the market does, which is impossible unless they know exactly what
> each participant wants, which is impossible unless they are omniescent.
> Red Von Mises or Hayek for the proof. And they didn't even have Shannon
> to lean on, you can construct another proof just using information
> theory.
Uh-huh. And the Free Market never goes wrong, and never misses a beat.
Shertainly.
> You're to be forgiven. Paraphrasing Churchill, anyone who isn't a
> liberal (using the british party definitions) at 20 is heartless...
> anyone who isn't a conservative by 30 is brainless. Didn't you just turn
> 20?
Yes, I did.
Jasper
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