[e2e] It's all my fault
tvest at pch.net
Fri May 18 04:25:30 PDT 2007
On May 18, 2007, at 6:50 AM, Vadim Antonov wrote:
> On Thu, 17 May 2007, Randy Bush wrote:
>> it's also very convenient if the benefit is gained close to where/
>> the costs are incurred, a point often overlooked.
> Heh. That's the point squarely ignored by most of the so-called
> science of
> economics. Every time they average utilities to derive some metric of
> "common good" or "utility for the society" or whatever it is
> called, they
> ignore the basic fact of life that people tend to act in their own
Thank you for the opportunity to revisit this.
Your willingness to dismiss the net effects of such considerations so
casually is itself a textbook example of the "What is seen and what is
not seen" fallacy.
I'll won't hold it against you, since the whole notion is absurd --
nothing more than a rhetorical attempt to push an interlocutor to
prove a negative, which is logically problematic at best.
Offlist, I'll be happy to use history and empirical data to try to
illustrate why some (not all) regulatory interventions are good (not
bad) -- but only after you demonstrate to me why arguments that
benchmark the real world against some fantastical, never-to-be-seen
world of pure interests should merit any attention at all.
TV, eschewing the polemical forevermore after this
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