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To: v. crow
If only you could get half these nitwits to read the text you list on your homepage... economics is unfortunately not an intuitive science (Ricardo's Law of Comparative Advantage being first among equals of those non-intuitive concepts). Once you've got them to read the intro course (Econ. in 1 lesson), then move them on to Economic Sophisms(and more particularly, That Which is Seen and That Which is Not Seen).

And for those befuddled Catholics who think somehow that anti-free-markets are the will of God (however they screwed up JPII's thoughts on this, I'll never know, but he was anti-materialist, not anti-free-markets. Sheesh. The man was pro-liberty. And you cannot be at the same time for individual liberty AND for government control of the product of an individual's labor, which is what anti-free-market policies are), I urge them to mosy on over to the Acton Institute, where they'll get bitch-slapped by a right-thinking priest.

338 posted on 09/20/2005 9:20:34 PM PDT by austinTparty
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To: austinTparty
economics is unfortunately not an intuitive science (Ricardo's Law of Comparative Advantage being first among equals of those non-intuitive concepts).

What about Ricardo's Law of Wages Stabilizing at Subsistence Level? Or should we follow Milton Friedman's pick and chose methodology?


339 posted on 09/20/2005 9:30:23 PM PDT by A. Pole (Gov.Gumpas:"But that would be putting the clock back, have you no idea of progress, of development?")
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