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johnm h Wrote: Sep 26, 2012 9:55 AM
Hayek addressed much of his early writings at social scientists because they truly believed in their own moral and intellectual superiority and hence were not only always wrong, but dangerous because they were fundamentally socialists. Sowell has addressed this in "Conflict of Visions" and the Vision of the Anointed” It is also why liberals can't learn. By the time one has spent all that effort in graduate social science studies it's hard to admit you in fact know not only very little, but what little you know is wrong.
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Joycey Wrote: Sep 26, 2012 9:09 AM
Now they think they are doctors.
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Joycey Wrote: Sep 26, 2012 9:07 AM
What I can not understand is how can a bunch of social science grads think they can run every business in the nation. What a bunch of maniacal libtards!
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Here's a question: If there's a disaster, a war, a severe drought or some other calamity that restricts future supplies of a commodity -- such as oil, coffee or corn -- what is the intelligent thing for people to do right away? If you said "use less now and try to produce more," you'd be absolutely correct. That's not rocket science, but understanding the machinery involved in getting people to do so is a bit more challenging.
The best way to get people to use less and produce more is to allow prices to rise. For example, say a...
Understanding Economics