Could You Modify It ‘To Stop Students From Becoming This Advanced?’

Re:Could You Modify It ‘To Stop Students From Becoming This ... by pemulis on Thursday July 28, 2011 @03:14PM (#2818459)

Actually, the granddaddy of libertarian economics, F.A. Hayek, spent his whole career arguing that people are irrational (which is to say, they do not all share the same preferences), and that attempts to shape the economy based on a presumption of the existence of rational utility are doomed. Most non-libertarian economic systems are based on the assumptions that,

1. There is such a thing as rational utility, and 2. Bureaucrats can figure out what it is.

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Re:Could You Modify It ‘To Stop Students From Becoming This ... by jshen on Thursday July 28, 2011 @04:08PM (#2818681)

"Most non-libertarian economic systems are based on the assumption ..."

Huh? So you're saying there is only libertarianism or bureaucratly controlled economies? That's wrong on it's face.

Here's my idea of a good economy, markets for most things with good government regulation of health, safety, etc. And, a few public industries like water, power, and healthcare. This system doesn't fit your model at all.

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