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Notices
SK
Skot Kortje (not verified)
1st August 2017 | 8:58pm

Hi Jason,

If this were a tavern debate, we'd certainly be on our fourth pint. It won't end til last call!

I think you've suitably exposed, at the very least, a Keynesian bloodline, and as such, perhaps you've have never gotten over the fact that Bambi dies. There is no morality in nature. For those that want to impose one, we may all ask: whose morality? This is the problem with statist intervention in nature. China is a fine empirical example of how that works - cookie-cutting nature. Watch that experiment blow up, as it should.

You touch on big subjects and I commend you for that. I'm a lowly stock-picker - a forager in the forest - but I take great interest in topics about how mankind can best harness and reap benefits from the laws of nature. Data science is bringing us ever closer to understanding the true nature of the system that guides us. Behavior, behavioral science, will soon enough be relegated to market astrology - an engaging emotional anchor, but more pawn than king.

Your worries about mankind's base nature ignores the higher purpose of self-interest, and the moral exchanges in the market that Smith fully expounded. You call this a blind faith in the market. I call it the truth.

Cheers!

Skot