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The Pankian Metaphor 3050


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Red Queen's head

This approach bothers me a lot. Eventually, if not sooner, all innovation is punished until nonexistence. Innovation requires a small time window w.r.t. reaction. Government controlled anything has to remove reacting to any stimulus for its policies to work. This is the problem with socialism and 100% removal of capitalism. Society stagnates.

But then, I may talking out my butt. I got poorer this week because I bought two^three books on economics. If you see my brains suddenly ooze out my ear and fall to the floor in with a resounding kerplop, then you know I've started to rewire my brain w.r.t. economics. I know I need an atbreastude adjustment or I'm not going to learn this stuff. :-)

They are: Adam Smith and the Founding of Market Economics, Eli Ginzberg. This is apparently his PhD thesis cleaned up.

The Pankian Metaphor 3051
the Boyd scenario is somewhat the lower-closer the decision is made, the greater agility and adaptability. the first approximation is that doing economic analysis...

The Evolution of U.S. Finance, Vols. I and II, Jane W. DArista. These are still shrink wrapped and I haven't dared open them. The first volume has the intriguing subbreastle of "Federal Reserve Monetary Policy: 1915-1935".

I've also just started reading the intro of a book I found at the dump. Report from Iron Mountain. Have you ever heard of this one? I never did and the intro reads like it's one of those conspiracy theories. It's supposed to be about a committee report Kennedy wanted done.

BAH

BAH



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