On Mon, May 25, 2015 at 01:22:14PM +0900, Lodewijk andré de la porte wrote:
Is Fox News illegal? You'd say it's illegal to deceive people. The sheer quantity of false information on Fox News, and it's popularity, are a serious harm to America.
Is it that free markets only perform properly with rational agents?
Dude, this is a rant. Why do you want "free markets" when the real world is rooted? The majority of actors are just "rooted", so they are not rational, irrational, ... hyper-transcendental, they are "rooted". Capitalism is good on paper. Socialism is good on paper. It is the realword implementation that matters, not the ad. About "free markets": "free market" is a buzzword, commonly used for spam. Are banks "free market"? IMHO banks are pyramids (AKA ponzi scheme). It is tempting to make a change by going banks go boom, but this likely will have too much collateral damage for people and not for "rooters". Are "stock markets" free markets? They are clearly just a gambling place. -- cheers