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	<title>Comments on: Freedom School (blog edition) No. 1 &#8211; &quot;Are free markets to blame?&quot;</title>
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	<link>http://blog.paulmckeever.ca/2009/12/02/freedom-school-blog-edition-no-1-are-free-markets-to-blame/</link>
	<description>Reality, Reason, Self, Consent, Capitalism</description>
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		<title>By: Elton</title>
		<link>http://blog.paulmckeever.ca/2009/12/02/freedom-school-blog-edition-no-1-are-free-markets-to-blame/comment-page-1/#comment-490</link>
		<dc:creator>Elton</dc:creator>
		<pubDate>Sat, 19 Dec 2009 06:44:39 +0000</pubDate>
		<guid isPermaLink="false">http://blog.paulmckeever.ca/?p=1063#comment-490</guid>
		<description>Great Post. I never thought of looking at the &quot;Market&quot; in that way. The main issue is always freedom of the individual.</description>
		<content:encoded><![CDATA[<p>Great Post. I never thought of looking at the &#8220;Market&#8221; in that way. The main issue is always freedom of the individual.</p>
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		<title>By: Glenn</title>
		<link>http://blog.paulmckeever.ca/2009/12/02/freedom-school-blog-edition-no-1-are-free-markets-to-blame/comment-page-1/#comment-489</link>
		<dc:creator>Glenn</dc:creator>
		<pubDate>Thu, 03 Dec 2009 19:17:38 +0000</pubDate>
		<guid isPermaLink="false">http://blog.paulmckeever.ca/?p=1063#comment-489</guid>
		<description>I thought Epstein did an excellent job in getting the point across that what caused the economic meltdown WAS government intervention and NOT the “free market”, albeit he didn’t get into the reasons of WHY we need to remove government intervention in the economy.  But that wasn’t the point of his remarks.  He was just stating that government intervention in the market place is what caused the meltdown.  This is absolutely true.  His remarks didn’t require him to get into a definition of free markets or free individuals to get this point across.

    However, I do agree that during this interview Yaron Brook could have focused more on the essentials rather than get into an economic argument.  In fact, his argument on “stabilizing in a way that increases freedom and gets government out of our lives”, is kind of reversing the hierarchy of political principles.  Because obviously, getting the government out of our lives WILL increase freedom and do all the stabilizing we need.  He missed the essential in this argument and I think that being the Executive Director of the ARI he should be focusing more on the essentials of Objectivism rather than geting bogged down in economic arguments.

     In regards to your points about “market” talks.  Perhaps an answer to the question, “Did the free market cause the economic meltdown?” would be:


   &quot;That question is non-sensical.  Consider that a free market is a word used to describe individuals trading value for value through mutual consent, i.e. absent any coercion.  The “economy” is a word used to describe where these transactions take place, e.g. local economy, Canadian economy, world economy.

   Like a “market”, an economy can either be free or it can be hampered by outside forces.  Individuals can either trade freely with other individuals or their transactions can be interrupted or affected by other parties. When this hampering occurs what would result are negative consequences on the natural outcomes of these transactions.  An economy, like a plant growing freely from the ground, will naturally continue to grow (provided there is adequate water and sunlight) unless an outside source prevents it from doing so.

   To suggest that individuals trading freely with one another (i.e. a free market) would cause an economic “meltdown” would be a contradiction in terms because a “meltdown” necessarily implies the very opposite of economic freedom, i.e. a hampering of that market. &quot;


   All in all, good thinking in showing that individualist advocates shouldn&#039;t get trapped in collectivist lingo and arguments.

Glenn</description>
		<content:encoded><![CDATA[<p>I thought Epstein did an excellent job in getting the point across that what caused the economic meltdown WAS government intervention and NOT the “free market”, albeit he didn’t get into the reasons of WHY we need to remove government intervention in the economy.  But that wasn’t the point of his remarks.  He was just stating that government intervention in the market place is what caused the meltdown.  This is absolutely true.  His remarks didn’t require him to get into a definition of free markets or free individuals to get this point across.</p>
<p>    However, I do agree that during this interview Yaron Brook could have focused more on the essentials rather than get into an economic argument.  In fact, his argument on “stabilizing in a way that increases freedom and gets government out of our lives”, is kind of reversing the hierarchy of political principles.  Because obviously, getting the government out of our lives WILL increase freedom and do all the stabilizing we need.  He missed the essential in this argument and I think that being the Executive Director of the ARI he should be focusing more on the essentials of Objectivism rather than geting bogged down in economic arguments.</p>
<p>     In regards to your points about “market” talks.  Perhaps an answer to the question, “Did the free market cause the economic meltdown?” would be:</p>
<p>   &#8220;That question is non-sensical.  Consider that a free market is a word used to describe individuals trading value for value through mutual consent, i.e. absent any coercion.  The “economy” is a word used to describe where these transactions take place, e.g. local economy, Canadian economy, world economy.</p>
<p>   Like a “market”, an economy can either be free or it can be hampered by outside forces.  Individuals can either trade freely with other individuals or their transactions can be interrupted or affected by other parties. When this hampering occurs what would result are negative consequences on the natural outcomes of these transactions.  An economy, like a plant growing freely from the ground, will naturally continue to grow (provided there is adequate water and sunlight) unless an outside source prevents it from doing so.</p>
<p>   To suggest that individuals trading freely with one another (i.e. a free market) would cause an economic “meltdown” would be a contradiction in terms because a “meltdown” necessarily implies the very opposite of economic freedom, i.e. a hampering of that market. &#8221;</p>
<p>   All in all, good thinking in showing that individualist advocates shouldn&#8217;t get trapped in collectivist lingo and arguments.</p>
<p>Glenn</p>
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		<title>By: $</title>
		<link>http://blog.paulmckeever.ca/2009/12/02/freedom-school-blog-edition-no-1-are-free-markets-to-blame/comment-page-1/#comment-488</link>
		<dc:creator>$</dc:creator>
		<pubDate>Thu, 03 Dec 2009 16:36:59 +0000</pubDate>
		<guid isPermaLink="false">http://blog.paulmckeever.ca/?p=1063#comment-488</guid>
		<description>I was uncomfortable with what Yaron had said, but not sure why. Excellent thinking on your part! and good advise.</description>
		<content:encoded><![CDATA[<p>I was uncomfortable with what Yaron had said, but not sure why. Excellent thinking on your part! and good advise.</p>
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