On May 15, 7:36*pm, wrote:
On Fri, 15 May 2009 16:30:07 -0700 (PDT), Gary Forbis

wrote:
On May 15, 3:19*pm, "
wrote:
On May 15, 9:02*am, Gary Forbis wrote:
Milton Freidman coined the phrase "there's no such thing as a free
lunch." *I live by that phrase. *Milton Friedman's other philosophies
screwed up several economies. *

That assumption has long ago been proved false by social economists.

The assumption that people are rational and act in their best
interests is demonstrably false.

Read for example:

"Predictably Irrational"http://www.amazon.com/Predictably-Irrational-Hidden-Forces-Decisions/...

Read also:
Sway: The Irresistible Pull of Irrational Behaviorhttp://www.amazon.com/Sway-Irresistible-Pull-Irrational-Behavior/dp/0...

People can be expected to act irrationally - and with knowledge you
can predict when and how and take advantage of it - producing the
"free lunch".

These new emerging findings are blowing common economic thought out of
the water. People are not rational and do not pursue their best
interests. They can be and are manipulated against their own economic
interests.

And so, to replace the free will and irrational exhuberance of free
choice, rational or irrational, you expect to replace it with what?

0baMa0 Tse Dung - bwaHAHAHAHAHAHAHAHA...!!!

Road to Serfdom = LIBERAL FASCISM SOCIALISM COMMUNISM - make
everyone Serfs of the State.
Welcome to North Korea!