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Economics Cutting the Gordian Knot of GE Theory; Originally Posted by Onion Eater “The only danger, to a mixed economy, is any not-to-be-compromised value, virtue, ...

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Old 09-26-08, 06:38 PM   #61 (permalink)
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Thread Starter Re: Cutting the Gordian Knot of GE Theory

Quote:
Originally Posted by Onion Eater View Post
“The only danger, to a mixed economy, is any not-to-be-compromised value, virtue, or idea. The only threat is any uncompromising person, group, or movement. The only enemy is integrity.”

Source: Any Rand, Capitalism: The Unknown Ideal, 1967, pp. 228-232.
“There are no atheists in foxholes and no ideologues in financial crisis” – Ben Bernanke.

If a crisis isn't the time to fall back on one's ideology, then when is the time?

Actually, a crisis is like a fist fight. That's no time to be devising new, untried tactics - one just fights the way one has trained and it either works or it doesn't. The time for after-action analysis is after the action, not during it.

I offer a new ideology, one that cuts the Gordian knot of GE Theory, avoiding getting impaled on either horn of the dilemma that the socialists have presented us with. Any comments?
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