Re: Free Market
These were very good posts Mosta. I think you are right that the particularly combination of insularity and hubris in economics makes for some crazy situations. You're right too that you can see this in some of the Nobel awards. The fact that they gave it to Douglass North, basically for just pointing out something which is intuitively obvious to anybody without his head lodged in his own ass, is pretty indicative of the problem.
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