Galt's Gulch

My Freedom Fighters Are Your Terrorists? I Don't Think So

Posted by mshupe 5 years, 4 months ago to Philosophy
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Equilibrium preserves and expands the power of the state and nurtures their scandal of ignorance. After World War II, government monopoly schools replaced the teaching of virtue and cognitive development with social adjustment while ignoring the greatest terrors of the 20th century – Soviet and Chinese communism. Freedom’s Radicals create disequilibrium, innovation, value, trade and markets.
SOURCE URL: https://www.centerforindividualism.org/freedoms-radicals-are-wonderful-teachers-who-promote-independent-thinking-choices-and-action/

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  • Posted by mshupe 5 years, 4 months ago
    Yes, equilibrium is an unworkable economic theory, it requires stasis, it presumes that innovation must be subservient to a government induced status quo. Equilibrium denies reality. Equilibrium relies on intimidation.
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  • Posted by mshupe 5 years, 4 months ago
    Equilibrium's uselessness was best explained by economist Jesus Huerta de Soto. Aggregate utility was best debunked by Ludwig von Mises. Aggregate demand is an equally fraudulent idea that is adored by Keynesians.
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  • Posted by exceller 5 years, 4 months ago
    " Freedom’s Radicals create disequilibrium, innovation, value, trade and markets. "

    Innovation, value, trade and markets?

    For what? New methods of intimidation, terror tools, turning reality upside down?

    Is that the value they create? It is a value for radicals who want to see chaos as a breeding ground for their disruptive ideas but not to normal, sane and productive people.
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    • Posted by ArtIficiarius 5 years, 4 months ago
      John Nash ("a Beautiful Mind") held and proved that a particular pattern of social structures displays "a region of stability" in which positive changes are blocked by restorative forces. No?
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      • Posted by mshupe 5 years, 4 months ago
        Great question, I guess it depends on the root cause of the restorative forces. Are they contrived government reactions or spontaneous and organic?
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        • Posted by ArtIficiarius 5 years, 4 months ago
          The government reactions may have deliberate cause, but this phenomenon is driven by the organization structure itself, government or otherwise.
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          • Posted by mshupe 5 years, 4 months ago
            After a quick look, this has to do with game theory, specifically finite games. There is nothing finite about a dynamic economy. Inventors and entrepreneurs constantly introduce new technologies and processes that give consumers more and better and cheaper every day. This creates disequilibrium no government planner can comprehend, let alone control.
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          • Posted by mshupe 5 years, 4 months ago
            Thanks, I'm no familiar with John Nash's hypothesis, if that's the correct term. But it sounds very interesting and I'll learn about it.
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