protecting us from ourselves

Anton Sherwood (
Mon, 8 Sep 1997 18:21:05 -0700

Abraham Moses Genen explains:
: **************************************************************
: Being dedicated to the future progress of humankind
: should be the prime concern of all civilized beings.
: **************************************************************

Before brushing our teeth?

: In the best of all possible worlds, the government that is supposed to
: represent us (but only if we make sure it does) will develop interactive
: policies designed to prevent the excesses that can and do occur in a
: totally uncontrolled marketplace.

First, there's no such thing as an uncontrolled marketplace:
the buyers and sellers control it.

Second, ... aw, hell, I'm not going to give *another* mini-lesson
in public choice theory.

: Rules are not conceived out of a clear blue sky. They are the work of many
: thoughful -- and a few not so thoughtful -- individuals who take the many
: contingencies in the interactions produced by advances in our technologies
: into account in the preparation for such changes.

What makes them wiser than the participants in the marketplace?

Anton Sherwood *\\* +1 415 267 0685 *\\*