Posts
If you want real hope, you need to look to the optimistic free-market vision of the late Julian Simon. John Tierney has doubled down on real hope:
In 2005, I found a more adventurous prophet willing to bet on resource scarcity. Matthew Simmons, an expert on the oil industry and the author of "Twilight in the Desert," bet $5,000 against me and Rita Simon, Julian’s widow, that the average price of oil, in 2005 dollars, would exceed $200 per barrel in 2010. . . .(Via Instapundit.) Obama has picked gloom-and-doom prophet John Holdren as his science adviser, yet another omen of the new administration's inevitable failure: It won't work.
Last week, the price of oil hit a four-year low, dropping below $35 per barrel, but Mr. Simmons remained optimistic of winning our bet. He told Jay Hancock of the Baltimore Sun that 2010 is "an eternity" away and predicted the price of oil would shoot back up. Well, anything’s possible. But I’m glad I followed Julian Simon’s advice to bet low. (Emphasis added.)
f you want real hope, you need to look to the optimistic free-market vision of the late Julian Simon. John Tierney has doubled down on real hope:
ReplyDeletethere is no such thing as a free market, the very concept of money is a regulation, ownership and court and laws are all regulations
the "free market" propaganda is a pretty neeto marketing concept that preaches;
"regulate everything we need regulated to turn profit and don't regulate anything that will insure we pay our own bills"
there cannot ever, EVER be a "free market" the concept does not even exist
however robber barons love the idea of not paying their own bills so they promote said myth
and people actually fall for it too
Do you even understand what "free-market" means, broadly construed? It appears you are making up your own definition of what a free-market is--a market in which no regulation or constraints of any sort are placed on exchange.
ReplyDeleteYeah, neat trick.