Modern applications of mathematics and computer simulations can provide much insight into human behavior, but within any distribution, there are outliers. No system is perfect and human behavior is not 100% predictable. In your world, you are about to experience the sort of anomaly that will make you question much of the formal economic establishment, especially the central planning as taught by Keynes and Friedman. It is quite obvious, that while you feel empowered by your stochastic modeling prowess, you turn a blind eye to the problems posed by, for example, Nassim Taleb. I can tolerate outlier events, but not within the context of contrived mathematically-derived policies which aim to dictate social behavioral by unnecessarily exploiting particular segments of society. At some level, complexity is a tax on society and deliberate attempt to mask basic truth.
You know very well what I mean by Austrian School of Economists such as Hayek. I am not here to compare IQ scores or to debate semantics.
the poor souls forced to walk the Appalachian trail won't have convenient places to get the supplies necessarily for their arduous journey. "Hiking the nearly 2,200-mile Appalachian Trail already is grueling, and the U.S. Postal Service may make it even tougher." Oh the despair! What is this world coming to when their can't be routine Seven-Eleven's located on remote mountain trails to supply these wanna-be "Man versus Wild" types?
Unfortunately, many of you have no familiarity with the Austrian school of economics or libertarianism. If you are a government employee, you probably do not even have an unbiased opinion on these issues. Government spending is inherently UNPRODUCTIVE. It is a necessary evil that must be minimized.
The Establishment is finally getting the point. The US deserves to default if it cannot make the necessary spending cuts. 1 in 7 Americans work for a government entity. Wake up, people, and realize how your monetary system works. It is not about Republicrats or Demicans. The "tea-party" holdouts in the House are admirable for doing what is right. This system has strayed so far from what is an efficient allocation of labor to a system that is governed by corruption, nepotism, cronyism, and so on. It is quickly becoming a feudal system in disguise. Things must change....now.
Last login: Friday, July 29, 2011
Copyright © 2015, CMNI.
All rights reserved.
This document may not be reprinted without the express written permission of Central Missouri Newspapers Inc.
Material from the Associated Press is Copyright © 2010, Associated
Press and may not be published, broadcast, rewritten, or redistributed.
Associated Press text, photo, graphic, audio and/or video material shall
not be published, broadcast, rewritten for broadcast or publication or
redistributed directly or indirectly in any medium. Neither these AP
materials nor any portion thereof may be stored in a computer except for
personal and noncommercial use. The AP will not be held liable for any
delays, inaccuracies, errors or omissions therefrom or in the
transmission or delivery of all or any part thereof or for any damages
arising from any of the foregoing. All rights reserved.
© 2016 News Tribune Publishing.