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	<title>Comments on: More Milton Friedman Institute Commentary</title>
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		<title>By: Ciarán</title>
		<link>http://www.truthonthemarket.com/2008/08/04/more-milton-friedman-institute-commentary/comment-page-1/#comment-143947</link>
		<dc:creator>Ciarán</dc:creator>
		<pubDate>Wed, 06 Aug 2008 16:39:48 +0000</pubDate>
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		<description>Thanks Josh: that&#039;s entirely fair enough. Still, I am a terrible pedant I suppose, and the bit that got my goat (which you &lt;i&gt;did&lt;/i&gt; cite too!) just seemed like a very strange comment.

On the general point, I think a lot of people do behave as you say. But just because straw men exist doesn&#039;t mean that you should focus on them. A large number of very sophisticated thinkers are aware of negative consequences etc. of both free-markets and their less pleasant alternatives and devote themselves to figuring out what the optimal policy positions might be. While that&#039;s not a whinge about the MFI (set it up, I say) it does imply that it&#039;s lazy for Horwitz to pick on the loons in his argument.</description>
		<content:encoded><![CDATA[<p>Thanks Josh: that&#8217;s entirely fair enough. Still, I am a terrible pedant I suppose, and the bit that got my goat (which you <i>did</i> cite too!) just seemed like a very strange comment.</p>
<p>On the general point, I think a lot of people do behave as you say. But just because straw men exist doesn&#8217;t mean that you should focus on them. A large number of very sophisticated thinkers are aware of negative consequences etc. of both free-markets and their less pleasant alternatives and devote themselves to figuring out what the optimal policy positions might be. While that&#8217;s not a whinge about the MFI (set it up, I say) it does imply that it&#8217;s lazy for Horwitz to pick on the loons in his argument.</p>
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		<title>By: Josh Wright</title>
		<link>http://www.truthonthemarket.com/2008/08/04/more-milton-friedman-institute-commentary/comment-page-1/#comment-143946</link>
		<dc:creator>Josh Wright</dc:creator>
		<pubDate>Wed, 06 Aug 2008 06:19:23 +0000</pubDate>
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		<description>Ciaran:

First, thanks for the comment.  

Second, commentary on the theoretical social value of the ideas aside, the part of Horwitz&#039;s post that I am approvingly referencing here (though it is not clear in the post) is the more general and point --- and the one I think is Horwitz&#039; primary focus --- that Horwitz is exposing the authors&#039; attacks the Chicago School and the MFI for promoting free-markets without understanding their negative consequences (including external costs) as failing to consider the sometimes drastic real world consequences of the alternatives.</description>
		<content:encoded><![CDATA[<p>Ciaran:</p>
<p>First, thanks for the comment.  </p>
<p>Second, commentary on the theoretical social value of the ideas aside, the part of Horwitz&#8217;s post that I am approvingly referencing here (though it is not clear in the post) is the more general and point &#8212; and the one I think is Horwitz&#8217; primary focus &#8212; that Horwitz is exposing the authors&#8217; attacks the Chicago School and the MFI for promoting free-markets without understanding their negative consequences (including external costs) as failing to consider the sometimes drastic real world consequences of the alternatives.</p>
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		<title>By: Ciarán</title>
		<link>http://www.truthonthemarket.com/2008/08/04/more-milton-friedman-institute-commentary/comment-page-1/#comment-143945</link>
		<dc:creator>Ciarán</dc:creator>
		<pubDate>Tue, 05 Aug 2008 11:20:13 +0000</pubDate>
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		<description>Well that has to be the most insane argument ever. Ideas lack &#039;social value&#039; because thugs misinterpret them? So much for Christianity, Islam and Judaism for a start.

Maybe Friedman&#039;s supporters should stick with Cochrane&#039;s marginally more intelligent path of hailing China as a paragon of globalization.</description>
		<content:encoded><![CDATA[<p>Well that has to be the most insane argument ever. Ideas lack &#8217;social value&#8217; because thugs misinterpret them? So much for Christianity, Islam and Judaism for a start.</p>
<p>Maybe Friedman&#8217;s supporters should stick with Cochrane&#8217;s marginally more intelligent path of hailing China as a paragon of globalization.</p>
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