Libertarian economics. - Page 12

Socialite · #**111** 11-30-2010, 12:21 PM

Quote:

Originally Posted by Baron1710

"The ideal political-economic system is laissez-faire capitalism. It is a system where men deal with one another, not as victims and executioners, nor as masters and slaves, but as traders, by free, voluntary exchange to mutual benefit. It is a system where no man may obtain any values from others by resorting to physical force, and no man may initiate the use of physical force against others. The government acts only as a policeman that protects man’s rights; it uses physical force only in retaliation and only against those who initiate its use, such as criminals or foreign invaders. In a system of full capitalism, there should be (but, historically, has not yet been) a complete separation of state and economics, in the same way and for the same reasons as the separation of state and church."

Wonder who could have said the above....hmmmmm.

http://www.aynrand.org/site/PageServ...ectivism_intro

Baron, you know better than to quote that moronic woman who knows absolutely nothing. TIC

Baron1710 · #**112** 11-30-2010, 12:23 PM

Quote:

Originally Posted by Socialite

Baron, you know better than to quote that moronic woman who knows absolutely nothing. TIC

The funny thing is her views on economics, as far as I am aware, are pretty close to Adam Smith. For Coadie to think he is so conservative, economically, I don't get his problem with her.

Socialite · #**113** 11-30-2010, 12:29 PM

Because Smith is a philosopher, he's not qualified to speak about economics.

Coadie has himself in a corner. He came out swinging, trying to prove Libertarians are "leftist" (that was laughable) and wrong, and in doing so made so many wild assertions that it's hard for him to keep up and continue defending without retracting...

This is why I'm curious what coadie's economic solutions are, which principle they follow and which "school of economics" he touts as best. Let's call that Request #6.

MissBrattified · #**114** 11-30-2010, 12:48 PM

A coadie-directed thread is very hard to follow. Just sayin'.

Socialite · #**115** 11-30-2010, 12:50 PM

Quote:

Originally Posted by MissBrattified

A coadie-directed thread is very hard to follow. Just sayin'.

You're telling me...

Still can't get a response from him about his economic philosophy. I get a one word drive-by and then a Google citation about an article relating to some far-removed tangent point that has nothing to do with the conversation.

Socialite · #**116** 11-30-2010, 12:51 PM

Quote:

Originally Posted by MissBrattified

A coadie-directed thread is very hard to follow. Just sayin'.

It's only because his intellect is sooooo much higher than everyone else.

We get confused when interacting with genius.

coadie · #**117** 11-30-2010, 12:55 PM

Quote:

Originally Posted by Socialite

How is that a dishonest claim????????

Influence.

His "science" and "philosophy" were not mutually exclusive. Greenspan's philosophical ideas of limited government harmonized with his "scientific" views of free market economy.

The only dishonest claims here are the subtle hint that Rand did not graduate, when she did in October 1924. But the claims of influence to Greenspan aren't her claims, they are Al's! Take that up with him! He obviously doesn't think she's ignorant and unlearned!

In fact, Greenspan was a huge Rand fan, serving on her "inner circle" called the "Ayn Rand Collective."
Quote:

30 years of close friendship including having her stand beside him at his 1974 swearing in as Chair of the Council of Economic Advisers.

You error in saying free market ideology is mutually exclusive of economic "science."

So yeah... let's talk about "dishonest claims"

Priceless. We all can see he regrets acting stupidly.
Petrograd Uninversity drop out. But she has Farrah Fawcett impressed.

coadie · #**118** 11-30-2010, 12:57 PM

Quote:

Originally Posted by Socialite

It's only because his intellect is sooooo much higher than everyone else.

We get confused when interacting with genius.

Yes you are confused. And so was Greenspan by admission.

It is easy to seduce you left wing extremists.

Socialite · #**119** 11-30-2010, 12:59 PM

Quote:

Originally Posted by coadie

Priceless. We all can see he regrets acting stupidly.
Petrograd Uninversity drop out. But she has Farrah Fawcett impressed.

He does?

You continue to make things up

This is his most recent interview... you tell me if he regrets his relationship or even sharing Ayn Rand's ideology:
http://abcnews.go.com/ThisWeek/video...nspan-10281612

Greenspan Shrugged
http://www.nytimes.com/2007/10/14/bo...ey-t.html?_r=1

Furthermore, he never said he regretted anything to do with Ayn Rand, never uses the word "dumb" or "stupid" and never recants his ideology of objectivism or of free market capitalism. You just continue to fabricate lies made up in your own fantasy world.

Socialite · #**120** 11-30-2010, 01:00 PM

Quote:

Originally Posted by coadie

Yes you are confused. And so was Greenspan by admission.

It is easy to seduce you left wing extremists.

He admitted he was confused? (nice deflection once again by the way)

Left wing extremist? Is that all you have? That's it? I like Ayn Rand, therefore I'm a left wing extremist. Oh God... ignorance is wreaking today.