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A comment on Silicon Valley billionaires believe in the free market, as long as they benefit. Parent comment

Re:Silicon Valley billionaires believe in the free market, a... by adventured on Tuesday February 04, 2014 @04:33AM (#7176409)
The 19th century in the US is probably the largest data set when it comes to extremely low regulation markets. Hong Kong is a more recent example. The point being, there is a lot of actual real world data on each side of the fence.
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Re:Silicon Valley billionaires believe in the free market, a... by icebraining on Tuesday February 04, 2014 @04:52AM (#7176471)
Well, it depends on what you consider regulation. If you take a broader view, like Benjamin Tucker did, you'll see they were in fact very regulated.
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Re:Silicon Valley billionaires believe in the free market, a... by nickik on Tuesday February 04, 2014 @09:15AM (#7177469)
Well let me give you the simplest market argument I know. Look at corrulation between economic freedom and economic size and growth.

http://www.freetheworld.com/2013/EFW2013-complete.pdf (Page 22)

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Re:Silicon Valley billionaires believe in the free market, a... by icebraining on Tuesday February 04, 2014 @09:45AM (#7177657)
I'm not sure why have you decided to reply with that; if anything, by referring to Benjamin Tucker, I'm taking a position in the defense of free markets, not attacking them.

And in any case, if my position was opposed to yours, that argument wouldn't convince me anyway, since I find "economic size" and particularly "growth" to be little more than fetishes of mainstream ideologues. I'm much more easily convinced by what the economists call "consumer surplus", though I'd rather know the "worker surplus".

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Re:Silicon Valley billionaires believe in the free market, a... by nickik on Tuesday February 04, 2014 @10:19AM (#7177918)
I was adressing everybody in the discussion.

Like I said, its just the thing that I start with, just this statistic would not convince me either.

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