I would have said 'evil' rather than 'foolish' because I believe in ignoring motives and going straight to the effects. "You shall know them by their fruits."
Sam Grove
· 2 years ago
People losing jobs makes the news, people getting jobs does not.
CRC
· 2 years ago
"People losing jobs makes the news, people getting jobs does not."
Isn't that the essence of the "seen and unseen" issue?
Swimmy
· 2 years ago
Interestingly, this is exactly the example Friedman used in one of his Free To Choose videos to show the damages of protectionism: Footage of Indian loom workers, outdated since the 60s but protected by their government, and their miserable villages.
Niraj
· 2 years ago
These weavers can focus their efforts on marketing to premium buyers-- people who will a pay pretty penny to buy them.
dave smith
· 2 years ago
It is interesting, Swimmy. And ironic. Surely these reporters would run a news story proclaiming up is down, and down is up.
colson
· 2 years ago
It would seem to be a consistant thread amongst do-gooders to ignore the full implications of where heart-strings and emotion cross the dangerous and often busy tracks of reality. The terrible capitalist will build a bridge and charge a toll for safe crossing. The do-gooder will build an observation deck.
CTD
· 2 years ago
The do-gooder will build an observation deck.
And bemoan the piteous condition of those he observes drowning as the attempt to ford the river.
Brad
· 2 years ago
First it's the traditional Sari makers, then it'll be the traditional bloggers... those who actually write (or type) their own blog postings. Commenting has already been automated.
Jon
· 2 years ago
Typical bitching from a typical source.
Alas people have yet to understand what is known as "YOU AREN'T STUCK IN ONE JOB!"
Ed S.
· 2 years ago
So, when are you going to start buying your suits at Wal-Mart?
jp
· 2 years ago
I already buy my khaki pants at Wal-Mart. My wife found that Wal-Mart carries an all-cotton brand for $15(!). Yes, fifteen dollars. So far, they're indistinguishable from the brand I used to pay three times as much for.
True_liberal
· 2 years ago
Swimmy, you beat me to the punch.
To all others; "Free Yo Choose" on video is a must to watch. If you don't have your own copy, check your public library.
Rick
· 2 years ago
Brilliant and succinct as usual!
Of course the unseen effects are seldom reported - whether good or bad.
SheetWise
· 2 years ago
Of course the unseen effects are seldom reported - whether good or bad.
Good reports don't have victims.
Victims are a necessary catalyst for change. It doesn't matter that your policies created them -- only that they exist.
What makes you think that they're unforseen?
bartman
· 2 years ago
What Niraj said. Here in the Middle East, hand-made Persian (or Afghan or Baluchi) rugs are priced about 10 times higher than Belgian machine-made ones, but the merchants seem to have no difficulty selling them.
Anshu Sharma
· 2 years ago
Candle makers in USA are out of jobs too. Let's get rid of electricity. Some of this stuff is so self-evidently ridiculous that its hard to even argue with a straight face. My niece growing up in India today has 100 times more opportunities than my Dad or I ever had. If anything, Indians want more progress, better homes, more automobiles, more air conditioners, faster and cheaper. We can always set up a small park to teach future generations how Saris used to take 15 days of manual labor and cost 3 months salary.
Those who want the old India can always travel to some of our states (in India) that are lagging in progress with starving farmers, etc.
Dr Subroto Roy
· 2 years ago
Hello, it is interesting you speak of India and of FA Hayek. You will find his letter to me of February 1981 referring to India's economy at my blog www.independentindian.com.
Sincerely
Subroto Roy
Dr Subroto Roy
· 2 years ago
Speaking of sari-makers, it may not be widely known that the origins of all software technology (via punch cards and the old IBM more than 100 years ago) comes from the textile industry. I gave a lecture about this at the Indian Institute of Information Technology in Bangalore in November 2000.
I have not seen the Washington Post article referred to about sari-making, but I wonder if they noticed how much "implicit software" exists within the sari-makers' skills as shown in the ever-changing and very complex patterns of saris.
jp
· 2 years ago
"Free to Choose" is also available for free on the Web. You should be able to find the link if you go to Reason magazine's Hit & Run blog and search for Free to Choose.
triticale
· 2 years ago
So, when are you going to start buying your suits at Wal-Mart?
Setting aside the fact that I am fortunate enough not to need to wear a suit, I will start buying clothing at Wal-Mart when their prices are better than what I pay at Goodwill or Value Village.
All Comments
I would have said 'evil' rather than 'foolish' because I believe in ignoring motives and going straight to the effects. "You shall know them by their fruits."
People losing jobs makes the news, people getting jobs does not.
"People losing jobs makes the news, people getting jobs does not."
Isn't that the essence of the "seen and unseen" issue?
Interestingly, this is exactly the example Friedman used in one of his Free To Choose videos to show the damages of protectionism: Footage of Indian loom workers, outdated since the 60s but protected by their government, and their miserable villages.
These weavers can focus their efforts on marketing to premium buyers-- people who will a pay pretty penny to buy them.
It is interesting, Swimmy. And ironic. Surely these reporters would run a news story proclaiming up is down, and down is up.
It would seem to be a consistant thread amongst do-gooders to ignore the full implications of where heart-strings and emotion cross the dangerous and often busy tracks of reality. The terrible capitalist will build a bridge and charge a toll for safe crossing. The do-gooder will build an observation deck.
The do-gooder will build an observation deck.
And bemoan the piteous condition of those he observes drowning as the attempt to ford the river.
First it's the traditional Sari makers, then it'll be the traditional bloggers... those who actually write (or type) their own blog postings. Commenting has already been automated.
Typical bitching from a typical source.
Alas people have yet to understand what is known as "YOU AREN'T STUCK IN ONE JOB!"
So, when are you going to start buying your suits at Wal-Mart?
I already buy my khaki pants at Wal-Mart. My wife found that Wal-Mart carries an all-cotton brand for $15(!). Yes, fifteen dollars. So far, they're indistinguishable from the brand I used to pay three times as much for.
Swimmy, you beat me to the punch.
To all others; "Free Yo Choose" on video is a must to watch. If you don't have your own copy, check your public library.
Brilliant and succinct as usual!
Of course the unseen effects are seldom reported - whether good or bad.
Of course the unseen effects are seldom reported - whether good or bad.
Good reports don't have victims.
Victims are a necessary catalyst for change. It doesn't matter that your policies created them -- only that they exist.
What makes you think that they're unforseen?
What Niraj said. Here in the Middle East, hand-made Persian (or Afghan or Baluchi) rugs are priced about 10 times higher than Belgian machine-made ones, but the merchants seem to have no difficulty selling them.
Candle makers in USA are out of jobs too. Let's get rid of electricity. Some of this stuff is so self-evidently ridiculous that its hard to even argue with a straight face. My niece growing up in India today has 100 times more opportunities than my Dad or I ever had. If anything, Indians want more progress, better homes, more automobiles, more air conditioners, faster and cheaper. We can always set up a small park to teach future generations how Saris used to take 15 days of manual labor and cost 3 months salary.
Those who want the old India can always travel to some of our states (in India) that are lagging in progress with starving farmers, etc.
Hello, it is interesting you speak of India and of FA Hayek. You will find his letter to me of February 1981 referring to India's economy at my blog www.independentindian.com.
Sincerely
Subroto Roy
Speaking of sari-makers, it may not be widely known that the origins of all software technology (via punch cards and the old IBM more than 100 years ago) comes from the textile industry. I gave a lecture about this at the Indian Institute of Information Technology in Bangalore in November 2000.
I have not seen the Washington Post article referred to about sari-making, but I wonder if they noticed how much "implicit software" exists within the sari-makers' skills as shown in the ever-changing and very complex patterns of saris.
"Free to Choose" is also available for free on the Web. You should be able to find the link if you go to Reason magazine's Hit & Run blog and search for Free to Choose.
So, when are you going to start buying your suits at Wal-Mart?
Setting aside the fact that I am fortunate enough not to need to wear a suit, I will start buying clothing at Wal-Mart when their prices are better than what I pay at Goodwill or Value Village.