notices - See details
Notices
JV
Jason Voss, CFA (not verified)
1st August 2017 | 11:18am

Hi Brad,

Far from it. I have always responded to your comments, and everybody else's, too. That we disagree okay by me. Thanks for taking the time to share your thoughts.

Regarding a more perfect solution...I am so glad that you dangled this. The more perfect solution is to see the world for what it is, and not what one would prefer it to be. In other words, I call out blind faith and distortion where I see it. A part of this is to recognize imperfections. As for the no one thinking that markets are perfect. Hmmmm. In my experience I have seen markets defended as a kind of messianic force on many occasions. Also, some of the complaints I raised I have not seen other commentators discuss. Last on this point, at no point have I called for an abandonment of markets or market thinking. To criticize something that you care about is to attempt to: a) spark useful dialogue about how to improve something; b) barring that, highlight gaps; and I do not feel obliged to have to have all of the answers; and c) point out the limitations of things so that people can be smart about their usage. Interestingly, you level a criticism of me that I don't like anybody to suggest there's anything wrong with the articles I write. Here I think you are suggesting an emotional shortcoming. And yet, that is the very thing I am pointing out with people's blind faith in markets. So, once again, you have made my point for me.

Yours, in service,

Jason

Yours, in service,

Jason