Quote:
Originally Posted by sebastian_dangerfield
Lighten up, Francis. For fuck's sake... It's just an intellectual exercise. And by the way, you did notice the author didn't think the idea was wise to put into actual practice. I cited a more qualified author arguing against my position, and you chose, oddly, to rail at his article.
I love these kinds of discussions finding their way to broader audiences because they highlight fragilities in the system and widen the sphere of deviance in regard to acceptably discussed options. It's amusing stuff. You have to admit, a world in which the concrete baselines are continually shifted and consensus defied is entertaining to observe. One would have to be an ogre, or a tremendous dullard, to not find the current flailing nature of things, as scary as it might be for many, pretty fascinating. Why you're getting mad about an article discussing a radical fix I have no idea. I figured you'd agree with the author's conclusion The Policy Could Never be Implemented.
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Related thoughts
from Krugman.
Also, read what I said. I said Paul and the author were wrong about the implications of the thought experiment. I said nothing about it's desirability or feasibility.
I also said that the author threw out a lot of coockoo "Austrian" asides about money.
