Quote of the day 15th October 2014

“People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. 

Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer--a God. 

Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer--a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer.”
 
(Michael Shermer)

Comments

Jim said…
some people cant grasp it, but usually you find of those who cant, that the primary reason is they dont want to. Be it evolution or socialism, if you dont want to grasp the concept of free market economics then you wont. If you dont want to accept that the [Insert holy book here] is not literally true then you wont grasp that either.

On a side note, I have a few freinds who are ex UKIP, as you well know. It was very nice to hear the "great leader" refering to them as "the dregs of rejects" on panorama the other night.

Here you go
7:41 pm
Jim said…
Blogger comment not like my HTML link, oh well nevermind

http://www.bbc.co.uk/news/uk-politics-29599368
7:43 pm
Jim said…
Anyway back to the post, you see once you have the ground base undestanding then both evolution, and free market are very simple really.

Much like a species splits into two or more species, which can no longer breed, but each species has adaptations which aid the survial to breeding age of each member of the species, then you see this cant be controlled.

a hunter needs to hunt more so gets better hunting tools, but of course its prey then need to defend more, so gets better defensive tools. I mean which side is evolution on? which side would a designer have to be on? it cant work, evolution needs to have no designer, (i did not say it does not need one, I said it NEEDS not to have one)

Same with free market economics, interference with the "free hand of the market" may seem to help some, but when it does, its always at the cost of others.
7:19 pm
Anonymous said…
All those poor Tory voting milk farmers have a hard time accepting free-market economics.
7:35 pm
Chris Whiteside said…
There is no such thing as a perfect system or a pure free market - and through no fault of their own, anyone running a dairy farm in this country is certainly not operating in either.
12:04 am
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