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I prefer my phrase because it’s not sterile. My intention is to spread the ideology. My comment isn’t addressing an economics class, it’s addressing an elector

• jp555 7y ago
  it just seems to me to be only trading one kind of risk externalization for another. Simple top-down solutions are so very attractive, but are absolute folly for interconnected complex systems. The moral of the Tower of Babel. Or if you prefer a different ancient heuristic, simple utopian visions are always a Siren that will eat you. Nassim Taleb's concept of scale seems to me could be one root cause. The farther away the deciders are to the implications of their decisions, the less accountability they have. The more local and "market based" systems are, the more accountability, or Skin In The Game they have, and therefore more robust the dynamic. Example: Communism has worked wonderfully at the scale of the family for thousands of years, but has always turned monstrous at the scale of a nation.