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> Does that mean it is as useless as spherical cows? Spherical cows aren't useless though. Unless of course you mistake the map for the territory. As with eve
by andybak 4y ago
> Does that mean it is as useless as spherical cows?
Spherical cows aren't useless though. Unless of course you mistake the map for the territory.
As with everything in economics one side thinks the other is dangerously simplifying whilst they themselves are fully aware of the nuance.
- WalterBright 4y agoThe one thing we know about economics, because of plenty of history, is that free markets work far better than any other system that's been tried. It's a consistent facet of prosperous economies.
- andybak 4y agoNo. We know mixed economies work best. We just don't agree on the right mix.
- WalterBright 4y agoDo we know that? What we do know is the more free market an economy, the more prosperous it is.
- andybak 4y agoWe're now just stating contradictory "facts" at each other. I don't have the time, energy or expertise to marshal the evidence but I don't know anyone with all their marbles that thinks that an utterly unbounded free market with no restraints would be a good thing. I don't think you believe that either.