Re: A Challenge To All Extropians/Free Martketeers

Paul Hughes (
Sat, 25 Apr 1998 22:22:42 -0700

Dan Fabulich wrote:

> What the theory of comparative advantage shows is that trade and
> specialization work to increase productivity, even if one producer has
> absolute advantage over the other. While there is ample evidence to
> suggest that robots may have absolute advantage over us in all goods and
> services (maybe even in programming themselves!), it is profoundly unlikely
> that they will have comparative advantage over us in all goods. So we will
> specialize in the goods in which humans have comparative advantage, and
> sell them to the robots. :)

Your arguments are very compelling! :-)

In three years, you are the first free-marketeer to address my concerns in a
detailed, precise and substantiated manner. Thanks for the input. I'm going to
have to digest your last few posts over the next few days before I can have an
opinion on them.