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chefjeff
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12-30-2009, 08:15 AM

Jsp, one thing that had better be integrated into any economic evaluation is individual liberty.

This simple concept holds the key to maintaining a working economy. Not a controlled economy, a working economy.

Trying to control it, even by specific genuises, fails as the individual acts for himself always. No one can know these actions beforehand or their aggregate results.

That's the trump card of the Austrians, btw, integrating individual liberty.

Jeff Livingston
  
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