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How is flippantly pointing out some simplified abstraction like the Prisoner's Dilemma not rude? Anyway: "In Game Theory, simple mathematical ``games´´ such a
by veritaze 18y ago
How is flippantly pointing out some simplified abstraction like the Prisoner's Dilemma not rude? Anyway:
"In Game Theory, simple mathematical ``games´´ such as the prisoner's dilemma or the ``chicken´´ race, model situations where there is a potential benefit for players in finding a way to coordinate their action. All the ``theorems´´ about such games merely restate in formal terms the informal hypotheses that were put in the model. It certainly does not follow that government is the right way to achieve this coordination — though such is precisely the non sequitur claim of statists. Actually, it is possible to apply game theory to compare coordination through government coercion with coordination through market competition; and this exercise in game theory will easily show how dreadful the effects of government intervention are."
Libertarian thinking is predicated on the concept of minimal government, such as the author of that document (who was the Libertarian Party candidate for President). I'm confused as to why you would accept that government doesn't work, yet think that is somehow in conflict with libertarianism.