Non È Sempre L'ignoranza Economica...

By -
[English follows.]

Quello è dietro le critiche del mercato. Per esempio, consideri Karl Polanyi, un uomo che ha conosciuto molto bene il suoi Mises e Hayek. E Polanyi non nega mai gli argomenti di Mises e di Hayek riguardo alla efficienza del mercato. Invece, si contende che questo efficienza viene ad un tal prezzo che gli esseri umani sempre ribelleranno ed agiranno per ostacolare il mercato. Ed è d'accordo con Mises e Hayek che tali manovre distruggono il buon funzionamento del mercato. Nota semplicemente che l'alternativa è che il mercato distrugge la società umana.

*******

It is not always ignorance of economics that is behind market critics. For example, consider Karl Polanyi, who knows his Mises and Hayek well. And Polanyi does not deny the arguments of Mises and Hayek regarding the efficiency of the market. Instead, he contends that this efficiency comes at such a high price that humans always rebel and act to hinder the market. And he is in accord with Mises and Hayek that such maneuvers destroy the smooth working of the market. He simply notes that the alternative is to have the market destroy human society.

Comments

  1. Thomas L. Knapp5:43 PM

    Any recommendations on where to start when reading Polanyi?

    ReplyDelete
  2. gcallah11:22 PM

    The only thing I've read is The Great Transformation. So that's where I recommend starting!

    ReplyDelete

Post a Comment

Popular posts from this blog

Libertarians, My Libertarians!

By -
Cruel to be kind means that I love you . Because, while I think you are mistaken, your hearts are in the right place -- yes, even you, Silas --  unlike some people . This Breitbart fellow (discussed in the link above), by all appearances, deliberately doctored a video of Shirley Sherrod to make her remarks appear virulently racist, when they had, in fact, the opposite import. I heard that at a recent Austrian conference, some folks were talking about "Callahan's conservative turn." While that description is not entirely inaccurate, I must say that a lot of these people who today call themselves conservative give me the heebie-jeebies.
Read more

"Pre-Galilean" Foolishness

By -
 I am currently reading The Master and His Emissary , which appears to be an excellent book. ("Appears" because I don't know the neuroscience literature well enough to say for sure, yet.) But then on page 186 I find: "Asking cognition, however, to give a perspective on the relationship between cognition and affect is like asking astronomer in the pre-Galilean geocentric world, whether, in his opinion, the sun moves round the earth of the earth around the sun. To ask a question alone would be enough to label one as mad." OK, this is garbage. First of all, it should be pre-Copernican, not pre-Galilean. But much worse is that people have seriously been considering heliocentrism for many centuries before Copernicus. Aristarchus had proposed a heliocentric model in the 4th-century BC. It had generally been considered wrong, but not "mad." (And wrong for scientific reasons: Why, for instance, did we not observe stellar parallax?) And when Copernicus propose
Read more