Friday, December 31, 2010

Cognitive Dissonance

We had to destroy the village in order to defend it. When you're losing your mind, it's important to keep your wits.

The fallacy claim is one of those prosaic homilies about the inexorable working out of an optimum through the price mechanism and the futility of policy intervention, which will inevitably result in a sub-optimal outcome. Dude thinks that price fixing will obviate the need to fix prices.

Sandwichman doesn't give investment advice. Sell Atlantic Asset Management! However, if he did give advice...

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