Apostle Claver tells the world how the real party of racism is the Democrats
Posted on 10/12/2010 12:07:06 PM PDT by jazusamo
.... In short, Sowell doesn't understand how free markets work in these areas as well, because there is no such thing as half-way free.
The enormity of arrogance to think that one has a better understanding of how free markets work than that of Dr. Sowell borders on mind-boggling. Dr. Sowell's "idealized model" is one in which the CONSTITUTIONAL model of eminent domain adheres to the dual Constitutional requirements that (1) private property is only seized for PUBLIC use and not simply to be transferred to a separate private owner, and (2) the owner is given "just compensation". Sowell's primary point is that unaccountable and unelected judges have decided to expand the government's confiscatory powers, and his secondary point is that the government typically gives only a small fraction of just compensation.
Your addled post shows that you have no concept for how a "just" price should be determined. Sowell never addresses that in detail, particularly as regards speculative value which is almost always totally socialized, never mind risks and externalities. I do deal in methods designed specifically to quantify those intangible assets upon an objective market-based basis, in fact, I hold a patent for the process.
So, given that you chose to mouth off instead of checking out information that is on my FR page with links that could fully apprise you of such, I see no reason to bother responding to you further.
You are not being held down.
I never said I was. It is our nation that is being held back by the Wall Street vampires that are sucking our lifeblood.
The entire concept of a "just price" is Communistic to its core, completely anti-conservative.
The price is what the buyer is willing to pay; if that price is below what the seller wants - or needs - then that is a loss for the seller. A "just" price? Communism, through and through...
Oh, and "just compensation" in the Fifth Amendment isn't? You are talking about a price that is imposed by the State. I'm not. I'm talking about putting systems in place that account intangibles and motivate reducing the associated costs without central planning or price fixing primarily be deregulating insurance markets. How is that communist?
You didn't read that? Oh, you mean, you didn't go read ANYTHING about what I'm talking about! You just shot off your mouth like VWRCmember. You didn't even go look at the reviews of my work, much less endeavor to understand any of it. Do you think Malcolm Wallop is a communist too?
The price is what the buyer is willing to pay; if that price is below what the seller wants - or needs - then that is a loss for the seller. A "just" price? Communism, through and through...
When people use the power of the State to force others to deal with the cost and risks of what they do or expect the State to deal with actuarially-predictable risks, that is socializing risk and theft, through and through.
On a quick look, without seeing the book, it certainly sounds good.If it is as good as it appear, and if Professor Sowell has critiqued it negatively, you have a beef. But to say that I admire Dr. Sowell greatly does not imply that no one else needs to analyze anything.
Indeed, I have my own hobby horse which I would love to have the ability to expand into a book, and which to my knowledge Dr. Sowell nor any other major analyst has replicated elsewhere.The Right to KnowAll I have to show for my analysis is documentation of my theory in the form of vanity threads on FR. It seems to me to satisfactorily answer challenges which bedevil conservatives who believe in the First Amendment and yet understand that "the MSM" are not objective but rather are in bed with the Democratic Party.
The Market for Conservative-Based News
Why Broadcast Journalism is Unnecessary and Illegitimate
Why the Associated Press is Pernicious to the Public Interest
He’s so right. Think about all the money the democRATs get and waste instead of providing jobs or rehabilitating housing in the inner city or improving the city schools. The rats and the unions squander millions and billions. What has obama done for young people in urban areas where the unemployment has been at 25%? They talk as though they are for the poor and down trodden when they are really out for themselves and their next campaign.
Actually, he had written an article on how zoning made housing unaffordable in the Bay Area. It was just a general observation based on no hard data at all. So, I wrote him about my book which contains a 30-year analysis of the Santa Cruz rural housing and land market and compares it to timber prices on an inflation-adjusted opportunity-cost basis. The purpose was to show how regulation suppressed the value of timber land, drove up land prices, and damaged the land ecologically. I went through 14,000 transactions to compile it. This study preceded studies at Stanford by nearly seven years and was far more comprehensive. Funny, I had given them a copy not long before.
So, I offered him a copy. He said he was "too busy" to even look.
Your book? You linked some website, nothing more. Provide a link to “your book” and your name, and we can go from there. Otherwise you’re as anonymous as any armchair economist...
You're too lazy for me to bother. Really.
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