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"I expect an objection that assumes for-profit businesses don't act rationally to maximize profit, I won't pursue that." Why not? Sounds like a valid objection
by EliRivers 14y ago
"I expect an objection that assumes for-profit businesses don't act rationally to maximize profit, I won't pursue that."
Why not? Sounds like a valid objection that undermines your entire argument.
- nuaccnt 14y agoIt would be, if it was provably or probably true. I don't think it is. But I wasn't (and I'm not) going to spend an hour arguing the point. Further reading: http://en.wikipedia.org/wiki/Falsifiability http://en.wikipedia.org/wiki/Falsifiability http://en.wikipedia.org/wiki/Creative_destruction http://en.wikipedia.org/wiki/Creative_destruction http://en.wikipedia.org/wiki/Economic_calculation_problem http://en.wikipedia.org/wiki/Economic_calculation_problem http://en.wikipedia.org/wiki/Spontaneous_order http://en.wikipedia.org/wiki/Spontaneous_order
- EliRivers 14y agoWell I do think it is, and I've provided as much argument as you, so I suppose we'll just have to accept that we'll never know.