Food for thought

March 19, 2008 Freedom of Speech, Internet No Comments

By Arran Gold

http://wikileaks.org/wiki/Wikileaks/

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Why people screw up

March 19, 2008 Culture, Economics and Finance 4 Comments

By Dalwhinnie

Peter Foster asks in today’s Financial Post:

“To put it in a nutshell, why is valid economic theory so counter-intuitive to the human mind? Also, why do liberals feel the need to get on such a moral high horse in their condemnation of economic truths?”

Answer to the first question: Envy. And a wise concern for not being cheated.
Answer to the second question: Moral superiority is its own reward.

My point is that liberal market societies have emerged from certain historical processes, late in time, and could be lost for millennia if certain conditions are not satisfied.

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