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	<title>Comments on: Adam Smith and Financial Regulation</title>
	<atom:link href="http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/feed" rel="self" type="application/rss+xml" />
	<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html</link>
	<description>where orders emerge</description>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190830</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Wed, 18 Nov 2009 04:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190830</guid>
		<description>Yasafi read that Arianna Huffington, or some other leftard has determined that the Obama-as-Joker poster is racist, while the Bush-as-Joker poster was just good, clean humor.</description>
		<content:encoded><![CDATA[<p>Yasafi read that Arianna Huffington, or some other leftard has determined that the Obama-as-Joker poster is racist, while the Bush-as-Joker poster was just good, clean humor.</p>
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		<title>By: Sam Grove</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190759</link>
		<dc:creator>Sam Grove</dc:creator>
		<pubDate>Tue, 17 Nov 2009 19:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190759</guid>
		<description>Was I confusing?

Muir is apparently persuaded by Republican pro-market rhetoric that they have, in fact, been busily passing pro free-market legislation for the years he mentions.

Of course, he also bought into the hope and change of Wall Street&#039;s man.

He appears to me to be profoundly intellectually dishonest with himself.</description>
		<content:encoded><![CDATA[<p>Was I confusing?</p>
<p>Muir is apparently persuaded by Republican pro-market rhetoric that they have, in fact, been busily passing pro free-market legislation for the years he mentions.</p>
<p>Of course, he also bought into the hope and change of Wall Street&#8217;s man.</p>
<p>He appears to me to be profoundly intellectually dishonest with himself.</p>
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		<title>By: MWG</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190757</link>
		<dc:creator>MWG</dc:creator>
		<pubDate>Tue, 17 Nov 2009 19:07:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190757</guid>
		<description>&quot;You obviously take Republicans at their word when they say they support free markets. I don&#039;t.&quot;

So you&#039;re in favor of free markets? Muir you are a riddle...</description>
		<content:encoded><![CDATA[<p>&#8220;You obviously take Republicans at their word when they say they support free markets. I don&#8217;t.&#8221;</p>
<p>So you&#8217;re in favor of free markets? Muir you are a riddle&#8230;</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190755</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 19:03:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190755</guid>
		<description>Ya - I&#039;d agree with that. Maybe N. Korea is a decent if extreme candidate for socialism, but I don&#039;t think it represents my views any more than Somalia represents yours (which is ultimately the whole point of raising these purported &quot;examples&quot;). I was just using the analogy that justpassingthrough2 lead with. Regardless of the comparative relevance, neither example is very constructive.</description>
		<content:encoded><![CDATA[<p>Ya &#8211; I&#8217;d agree with that. Maybe N. Korea is a decent if extreme candidate for socialism, but I don&#8217;t think it represents my views any more than Somalia represents yours (which is ultimately the whole point of raising these purported &#8220;examples&#8221;). I was just using the analogy that justpassingthrough2 lead with. Regardless of the comparative relevance, neither example is very constructive.</p>
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		<title>By: MWG</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190753</link>
		<dc:creator>MWG</dc:creator>
		<pubDate>Tue, 17 Nov 2009 19:00:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190753</guid>
		<description>&quot;Unfortunately, many people do just that on here. And it has about the same relevance and substance as when muirgeo cites Somalia.&quot;

Actually N. Korea IS a good example of state control taken to the extreme (Too extreme, you&#039;re right) Somalia, on the other hand is NOT an example of freedom or free markets taken to the extreme... Quite the opposite.

In other words, people who cite North Korea as an example of socialism are probably being too harsh. When muir cites Somalia as an example of a libertarianism, he&#039;s being dumb.</description>
		<content:encoded><![CDATA[<p>&#8220;Unfortunately, many people do just that on here. And it has about the same relevance and substance as when muirgeo cites Somalia.&#8221;</p>
<p>Actually N. Korea IS a good example of state control taken to the extreme (Too extreme, you&#8217;re right) Somalia, on the other hand is NOT an example of freedom or free markets taken to the extreme&#8230; Quite the opposite.</p>
<p>In other words, people who cite North Korea as an example of socialism are probably being too harsh. When muir cites Somalia as an example of a libertarianism, he&#8217;s being dumb.</p>
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		<title>By: MWG</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190752</link>
		<dc:creator>MWG</dc:creator>
		<pubDate>Tue, 17 Nov 2009 18:52:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190752</guid>
		<description>JPT, you&#039;re late to the game. Everything you said has been said many... many times before.</description>
		<content:encoded><![CDATA[<p>JPT, you&#8217;re late to the game. Everything you said has been said many&#8230; many times before.</p>
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		<title>By: MWG</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190751</link>
		<dc:creator>MWG</dc:creator>
		<pubDate>Tue, 17 Nov 2009 18:51:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190751</guid>
		<description>???</description>
		<content:encoded><![CDATA[<p>???</p>
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		<title>By: Mark</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190726</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Tue, 17 Nov 2009 17:04:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190726</guid>
		<description>But we have you here to show us all how ignorant we are.  Thanks, Dan.</description>
		<content:encoded><![CDATA[<p>But we have you here to show us all how ignorant we are.  Thanks, Dan.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190719</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 16:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190719</guid>
		<description>How DARE we cut taxes for the highest producers!  Insanity!  Everyone knows that you grow the economy from the bottom! (See, that&#039;s sarcasm).On a related note, I&#039;m still waiting for someone in the lowest tax bracket to hire me.  Muirgeo, you wouldn&#039;t know Libertarianism, Natural Rights, and history if it repeatedly rapped you on the noggin&#039;.  At one point I thought you were merely misguided, deluded, ignorant, arrogant, and uneducated; now I realize that you really aren&#039;t that smart.</description>
		<content:encoded><![CDATA[<p>How DARE we cut taxes for the highest producers!  Insanity!  Everyone knows that you grow the economy from the bottom! (See, that&#8217;s sarcasm).On a related note, I&#8217;m still waiting for someone in the lowest tax bracket to hire me.  Muirgeo, you wouldn&#8217;t know Libertarianism, Natural Rights, and history if it repeatedly rapped you on the noggin&#8217;.  At one point I thought you were merely misguided, deluded, ignorant, arrogant, and uneducated; now I realize that you really aren&#8217;t that smart.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190718</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 16:37:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190718</guid>
		<description>Let me know of a country with a successful oppressive/highly-regulated market economy that yields a sibilance of the living standards, growth, ingenuity, sustainability, et al that we&#039;re used to here in the US (which is now, tragically, slipping past nations in the European Union).Take a look at the most economically free countries in the world at the moment, and compare their economic circumstances with our own.  Additionally, compare the recovery trend in their economy with our own.</description>
		<content:encoded><![CDATA[<p>Let me know of a country with a successful oppressive/highly-regulated market economy that yields a sibilance of the living standards, growth, ingenuity, sustainability, et al that we&#8217;re used to here in the US (which is now, tragically, slipping past nations in the European Union).Take a look at the most economically free countries in the world at the moment, and compare their economic circumstances with our own.  Additionally, compare the recovery trend in their economy with our own.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190717</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 16:32:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190717</guid>
		<description>I&#039;m not sure if I should laugh or cry.  You do realize that Hoover/Congress was as pro-market as you are intellectually honest and economically savvy.  People like you that keep regurgitating the same fallacious nonsense are as useless/misleading as Congressional cost estimates.  Hair-brained blow-hards continue to mimic the damn lies of the Great Depression - and more importantly - what paved the way for the Depression.  Hoover was FDR lite.  

Hoover, in the face of a sharp correction (after an overshoot), *drastically* raised taxes starting with the producers (the &quot;rich&quot;), instituted oppressive import tariffs, bloated the money supply by over 60%, et al.  It&#039;s about as &quot;unfree&quot; as you can get.  It&#039;s tantamount to setting kindling afire, throwing kerosene on the roaring fire, and then blaming the kindling for being combustible.  

The best course of action any of us can take with you is simply to ignore you.  You&#039;re the annoying, yipping dog desperately begging for attention and a morsel from the master&#039;s table.
</description>
		<content:encoded><![CDATA[<p>I&#8217;m not sure if I should laugh or cry.  You do realize that Hoover/Congress was as pro-market as you are intellectually honest and economically savvy.  People like you that keep regurgitating the same fallacious nonsense are as useless/misleading as Congressional cost estimates.  Hair-brained blow-hards continue to mimic the damn lies of the Great Depression &#8211; and more importantly &#8211; what paved the way for the Depression.  Hoover was FDR lite.  </p>
<p>Hoover, in the face of a sharp correction (after an overshoot), *drastically* raised taxes starting with the producers (the &#8220;rich&#8221;), instituted oppressive import tariffs, bloated the money supply by over 60%, et al.  It&#8217;s about as &#8220;unfree&#8221; as you can get.  It&#8217;s tantamount to setting kindling afire, throwing kerosene on the roaring fire, and then blaming the kindling for being combustible.  </p>
<p>The best course of action any of us can take with you is simply to ignore you.  You&#8217;re the annoying, yipping dog desperately begging for attention and a morsel from the master&#8217;s table.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190716</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 16:30:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190716</guid>
		<description>RE: &quot;Using that logic, we might as well state that North Korea is your utopia&quot;Unfortunately, many people do just that on here. And it has about the same relevance and substance as when muirgeo cites Somalia. And yet for some reason the people that cite North Korea as a reason why I shouldn&#039;t support stimulus think they&#039;re considerably more sophisticated and insightful than muirgeo is!</description>
		<content:encoded><![CDATA[<p>RE: &#8220;Using that logic, we might as well state that North Korea is your utopia&#8221;Unfortunately, many people do just that on here. And it has about the same relevance and substance as when muirgeo cites Somalia. And yet for some reason the people that cite North Korea as a reason why I shouldn&#8217;t support stimulus think they&#8217;re considerably more sophisticated and insightful than muirgeo is!</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190715</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 16:29:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190715</guid>
		<description>Haha - so I don&#039;t like either hyperbolic response that regulation is killing us or regulation can do no wrong, but when you put it that way, 80 years was a pretty horrible time frame to use to proveh is case, wasn&#039;t it!</description>
		<content:encoded><![CDATA[<p>Haha &#8211; so I don&#8217;t like either hyperbolic response that regulation is killing us or regulation can do no wrong, but when you put it that way, 80 years was a pretty horrible time frame to use to proveh is case, wasn&#8217;t it!</p>
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		<title>By: Justin P</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190706</link>
		<dc:creator>Justin P</dc:creator>
		<pubDate>Tue, 17 Nov 2009 16:06:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190706</guid>
		<description>Like I said, he is only out for attention. The more you ignore him, the stupider and more asinine his comments will be to illicit a response. Eventually he&#039;ll just go back to only commenting on HuffPo pieces and Kos columns. </description>
		<content:encoded><![CDATA[<p>Like I said, he is only out for attention. The more you ignore him, the stupider and more asinine his comments will be to illicit a response. Eventually he&#8217;ll just go back to only commenting on HuffPo pieces and Kos columns.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190691</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 17 Nov 2009 15:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190691</guid>
		<description>Well I&#039;m, uhh...honored to be cited. </description>
		<content:encoded><![CDATA[<p>Well I&#8217;m, uhh&#8230;honored to be cited.</p>
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		<title>By: Mark</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190687</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Tue, 17 Nov 2009 14:20:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190687</guid>
		<description>&quot;I am an advocate of good governance and fair markets.&quot;

Good governance from Barney Frank and Chris Dodd was working perfectly up &quot;until recently&quot;, right murgoo?  

HAHAHAHAH!!!</description>
		<content:encoded><![CDATA[<p>&#8220;I am an advocate of good governance and fair markets.&#8221;</p>
<p>Good governance from Barney Frank and Chris Dodd was working perfectly up &#8220;until recently&#8221;, right murgoo?  </p>
<p>HAHAHAHAH!!!</p>
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		<title>By: Mark</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190686</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Tue, 17 Nov 2009 14:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190686</guid>
		<description>Good job, Murgoo &quot;we have a politically controlled economy and it(until recently) has been the best thing the world has EVER seen.&quot;

Hahahahah!!!</description>
		<content:encoded><![CDATA[<p>Good job, Murgoo &#8220;we have a politically controlled economy and it(until recently) has been the best thing the world has EVER seen.&#8221;</p>
<p>Hahahahah!!!</p>
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		<title>By: muirgeo</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190666</link>
		<dc:creator>muirgeo</dc:creator>
		<pubDate>Tue, 17 Nov 2009 08:36:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190666</guid>
		<description>&quot;tax cuts for the rich&quot;

Translation: &quot;I, muirgoo, am wildly envious of anyone who has more money than I do.&quot;

Translation; &quot; I , Mark, love paying taxes to bonus my Lord Llyod BlankF because my religion tells me that he does The Invisible Hand God&#039;s work. And I am a devout inculcated mind-be-numbed zoombie drone sheeple body-snatched brainwashed wanker dork tard retard tool lame poser brown-nose cheerleading faithful follower bitch wannabe ditto head conformist propagandized aggrandized impressionable child like concrete black and white group thinking lemming neocon Fox watching true believer Orwellian-like-character who stands on principles of liberty.&quot;</description>
		<content:encoded><![CDATA[<p>&#8220;tax cuts for the rich&#8221;</p>
<p>Translation: &#8220;I, muirgoo, am wildly envious of anyone who has more money than I do.&#8221;</p>
<p>Translation; &#8221; I , Mark, love paying taxes to bonus my Lord Llyod BlankF because my religion tells me that he does The Invisible Hand God&#8217;s work. And I am a devout inculcated mind-be-numbed zoombie drone sheeple body-snatched brainwashed wanker dork tard retard tool lame poser brown-nose cheerleading faithful follower bitch wannabe ditto head conformist propagandized aggrandized impressionable child like concrete black and white group thinking lemming neocon Fox watching true believer Orwellian-like-character who stands on principles of liberty.&#8221;</p>
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		<title>By: Sam Grove</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190665</link>
		<dc:creator>Sam Grove</dc:creator>
		<pubDate>Tue, 17 Nov 2009 08:22:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190665</guid>
		<description>Oh yeah, Kennedy cut tax rate. Johnson increased military involvement in Vietnam. The federal budget shrank under Truman.

I think you are full of it. The federal government and/or regulatory bureaucracy expanded greatly under the latter three. You obviously take Republicans at their word when they say they support free markets. I don&#039;t</description>
		<content:encoded><![CDATA[<p>Oh yeah, Kennedy cut tax rate. Johnson increased military involvement in Vietnam. The federal budget shrank under Truman.</p>
<p>I think you are full of it. The federal government and/or regulatory bureaucracy expanded greatly under the latter three. You obviously take Republicans at their word when they say they support free markets. I don&#8217;t</p>
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		<title>By: Sam Grove</title>
		<link>http://cafehayek.com/2009/11/adam-smith-and-financial-regulation.html/comment-page-1#comment-190664</link>
		<dc:creator>Sam Grove</dc:creator>
		<pubDate>Tue, 17 Nov 2009 08:18:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7266#comment-190664</guid>
		<description>&lt;i&gt;Any honest person understands that policy has been deregulatory since Reagan and pushed more in the libertarian direction from tax cuts, to trade policies on and on...&lt;/i&gt;

Any person not blinded by partisanism realizes that what politicians say and what they give us are not the same thing.

You do know that it was under Carter that airfares and trucking wre deregulated.

The federal budget under Reagan expanded as much and more than under any president before him.

And the regulatory budget grew significantly under the Bush.

I guess you aren&#039;t an honest person. Your fraudulent signing of the climate petition is a sign of that.</description>
		<content:encoded><![CDATA[<p><i>Any honest person understands that policy has been deregulatory since Reagan and pushed more in the libertarian direction from tax cuts, to trade policies on and on&#8230;</i></p>
<p>Any person not blinded by partisanism realizes that what politicians say and what they give us are not the same thing.</p>
<p>You do know that it was under Carter that airfares and trucking wre deregulated.</p>
<p>The federal budget under Reagan expanded as much and more than under any president before him.</p>
<p>And the regulatory budget grew significantly under the Bush.</p>
<p>I guess you aren&#8217;t an honest person. Your fraudulent signing of the climate petition is a sign of that.</p>
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