tag:blogger.com,1999:blog-8771666371746650057.post6558338031514670088..comments2023-11-03T05:34:26.880-05:00Comments on The Whited Sepulchre: Milton Friedman on Enlightened Self-InterestThe Whited Sepulchrehttp://www.blogger.com/profile/17657366124122012622noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8771666371746650057.post-67951449100084176002009-03-03T21:45:00.000-06:002009-03-03T21:45:00.000-06:00Gator,The other thing that makes me totally nuts. ...Gator,<BR/>The other thing that makes me totally nuts. Absolutely, totally nuts....<BR/><BR/>When Adam Smith wrote "The Wealth Of Nations", which is essentially the first economics text, he intended it as an all-out attack on the business class. He slammed mercantilism, protectionism, protective tariffs, etc etc etc.<BR/><BR/>Ditto for Friedman. <BR/><BR/>But somehow, Big Business, Big Labor, The Whited Sepulchrehttps://www.blogger.com/profile/17657366124122012622noreply@blogger.comtag:blogger.com,1999:blog-8771666371746650057.post-57301857058860088662009-03-03T15:38:00.000-06:002009-03-03T15:38:00.000-06:00If I may inject a comment here, Jeffery and Ralph ...If I may inject a comment here, Jeffery and Ralph seem confused about what Milton Friedman and other libertarians are saying. He does not advocate any 'leadership of the private sector,' at least, not in the sense of 'leadership of a company' or 'leadership of the Republican party.' <BR/><BR/>Instead a free market consists of thousands and millions of individuals making decisions. The more gator80https://www.blogger.com/profile/04138339854320723993noreply@blogger.comtag:blogger.com,1999:blog-8771666371746650057.post-55165220606560210392009-03-03T06:35:00.000-06:002009-03-03T06:35:00.000-06:00The problem with "enlightened self-interest" is th...The problem with "enlightened self-interest" is that it depends on enlightenment. <BR/><BR/>We have plenty of self-interest out there, but very little enlightenment. Check out your placard-waving "Secede Now" yahoos in previous posts for proof positive.Dr Ralphhttps://www.blogger.com/profile/11315005375209513833noreply@blogger.comtag:blogger.com,1999:blog-8771666371746650057.post-27462041417777797102009-03-03T06:30:00.000-06:002009-03-03T06:30:00.000-06:00Jeffery - Well said, sir. WS - I firmly believe we...Jeffery - Well said, sir. <BR/><BR/>WS - I firmly believe were the Libertarians to somehow manage to get in power, they would be fully capable of being every bit as f**ked up as our current two choices. And they'd blame it on someone else.Dr Ralphhttps://www.blogger.com/profile/11315005375209513833noreply@blogger.comtag:blogger.com,1999:blog-8771666371746650057.post-79554986480550740462009-03-03T05:41:00.000-06:002009-03-03T05:41:00.000-06:00Jeffery,Thanks for the comment. While I agree tha...Jeffery,<BR/>Thanks for the comment. <BR/><BR/>While I agree that there are no perfect solutions, I believe that there are some fairly elegant solutions out there. The first of which is to begin replacing the current Beast With Two Heads party system with some genuine competition. (If you're a long-time reader, you know who that competition would be.) <BR/><BR/>If that ever happens, the The Whited Sepulchrehttps://www.blogger.com/profile/17657366124122012622noreply@blogger.comtag:blogger.com,1999:blog-8771666371746650057.post-60173286600325610162009-03-02T22:02:00.000-06:002009-03-02T22:02:00.000-06:00I certainly don't think government is the only sol...I certainly don't think government is the only solution to the problem, but it's not like the enlightened leadership of the private sector has in any way alleviated the problem. Voters don't necessarily want more government, but we can hold government accountable to some degree, and the CEOs committing the felonies are getting off with a slap on the wrist and a severance package. No perfect Anonymousnoreply@blogger.com