As I said, I'm not going to discuss this issue. The answer is yes, but that is all I will say now.
--- Charles Brown <cbrown at michiganlegal.org> wrote:
>
>
>
>
> andie n.
>
>
> I think Mill failed to appreciate the kind of
> problems
> discussed by Hayek and Mises. The problem H&M pose
> isn't that people are too greedy (the issue that
> Mill
> addresses in the passage quoted), but that they lack
> the information and computational capacity to make
> proper decisions on a totally nonmarket basis.
>
> ^^^^^^^
> CB: This implies that the market process has
> information and computational
> capacity to make proper decisions, no ?
>
>
>
>
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>
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