prayfertrey (November 30, 1999 at 12:00 am)

Preconceived? They must be using some awfully big words on the cartoon network these days!

prayfertrey (November 30, 1999 at 12:00 am)

Translation: It's so cute when girls comment on men's business.

prayfertrey (November 30, 1999 at 12:00 am)

Because dictators aren't known for using tools for the common good?

prayfertrey (November 30, 1999 at 12:00 am)

She deserves China's praise? I ask because "approbation" means, commendation or praise. You talk like a movie reviewer played by Sir John Gielgud.

EvilDave1309 (November 30, 1999 at 12:00 am)

what the hell? all these stupid shit never happens in China. I bet these "journalists" have never been to china and don't know anything about the country. I've lived in China for 8 years and I say life there is happier than here in Canada...and much better food too!

terencelaoshi (November 30, 1999 at 12:00 am)

I hope you're feeling better.

wdednam (November 30, 1999 at 12:00 am)

And don't chalk it up to AIDS either, the birthrate is only -0.5% at the moment and is decreasing at about -0.01% a year which could never cause such a collapse in GDP per cap. It hasn't in the European countries with bigger negative birthrates! The intellectual drab these institutions spout forth have consistently brought failure and ruin to countries who sought to follow their prescriptions. Russia in the 90s, the south east Asia financial crisis, Argentina 2001, now in the good 'ol US of A.

wdednam (November 30, 1999 at 12:00 am)

I don't care that you are an economics professor, but you've just got to have the logo of the WTO on your profile, don't you? Interesting... I hope you enjoyed the FAILURE of the last round of talks. I was absolutely ecstatic! I want the WTO, World Bank, IMF and associated faith-based science institutions to get the f*ck out of my country which they are helping in a big way to ruin! South Africa has seen a 22.2% decline in GDP per cap over the past 3 years. (cia world fact book) ...

wdednam (November 30, 1999 at 12:00 am)

Free markets will never work because they require perfect information, i.e. a perfect market, to work properly. Since nothing in this universe can ever be perfect, Information Assymmetries will ensure that they fail. It is a pipe dream just like communism was. Stiglitz won the Nobel prize for economics in 2001 for proving this mathematically. The Austrian theory lacks mathematical rigour, (see Wikipedia).

wdednam (November 30, 1999 at 12:00 am)

I personally prefer Jospeph Stiglitz to some ancient Economic philosophers like the "Austrians". Didn't Stiglitz win the Nobel prize for economics in 2001 for mathematically proving that free markets could never work because markets can never be perfect and information assymmetries would always make it fail. No wonder economics students wouldn't believe that free markets could work.