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To: andy58-in-nh
Adam Smith and the Austrians predict the choices, economically, that people make cannot be predicted.

Let the market work out it's problems, everything every thing else will follow.

10 posted on 12/25/2012 9:08:19 AM PST by Little Bill (A)
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To: Little Bill
Adam Smith and the Austrians predict the choices, economically, that people make cannot be predicted. Let the market work out it's problems, everything every thing else will follow.

That's exactly right, of course: a handful of central planners cannot hope to substitute their personal judgment for the billions of economic decisions that people make each and every day. But it sure don't stop 'em from trying...

Merry Christmas to you and your family!

11 posted on 12/25/2012 9:25:11 AM PST by andy58-in-nh (Cogito, ergo armatum sum.)
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To: Little Bill

The conservative movement argues that we SHOULD NOT engage in central planning.

We are failing to make the even more powerful argument that we CAN NOT engage in central planning.

It is not merely a preference between options. It is an utter impossibility, as Hayek so powerfully shows us, to run an economy through central planning.

Not only should we not do it, we CANNOT do it — it is foolishness to even try.


14 posted on 12/26/2012 6:04:28 PM PST by Moseley (http://www.curesocialism.com)
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