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Posts: 11,700 | Thanked: 10,045 times | Joined on Jun 2006 @ North Texas, USA
#28
Originally Posted by xxM5xx View Post
Road to Serfdom. You don't agree with what is written there Tex? Okay....so you should be a Nobel Laureate in Economics instead of F.A. Hayek, right?
Even demigods like Keynes and Rand have been proven wrong with their ivory-tower theorizing.

There are, at any given time, 2 camps of economists. They are very polar. 50% will view a subject one way and the other 50% will see the polar opposite. So who's right at any given time?

It always depends on the one element you willfully omit from discussion: CONTEXT.

Nothing is as simple as you see it. Nothing is so black and white. Experience will teach you that someday, if you are willing to listen and learn.

The Left is wrong.

The Right is wrong.

Reality tends to gravitate towards the center.
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