Re: [atlarge-discuss] FYI: [CNET] ICANN under Twomey to continue policy focus

[Jeff Williams <jwkckid1@ix.netcom.com>]

Walter and all fellow members,

  Keynes was essentially correct in his time, and quite possibly his
thought here would be correct today regarding Adam Smith.
Smith was a flake, even in his own time.  As I recall he died
of a "Social" Disease...  Nasty men get their just rewards...

Walter Schmidt wrote:

> On Sun, 23 Mar 2003 espresso@e-scape.net wrote:
>
> > I can't put my hands on the exact quotation at the moment but John
> > Maynard Keynes expressed the fundamental philosophy behind all this:
> > that is, a belief that the "nastiest of men acting for the nastiest of
> > reasons" will somehow achieve what is best for the world through the
> > operation of unregulated market forces. Like Keynes, I have no faith
> > whatever that the "best" that can be achieved by such means will be best
> > for anyone but the nasty men in question.
>
> When Adam Smith stated in his INVISIBLE HAND, a rationale of the
> Industrial Revolution was that when everyone worked as hard as possible in
> their own interest, they, led by an invisible hand, benefited everyone
> else as well, Keynes is supposed to have sneered that it was the
> extraordinary belief that the nastiest of men for the nastiest of motives
> will somehow work for the benefit of all...
>
>  ---  REgards, walts@dorsai.org  Walter C. Schmidt, IT CPA  Blue(^) ---
>  - -   Microsoft MVP - Windows XP Media Center Edition - HPMC 873n  ---
>  - -                 Associate Expert - Expert Zone                 - -
>  ---         http://www.microsoft.com/windowsxp/expertzone/         ---
>  - - http://www.microsoft.com/windowsxp/expertzone/columns/schmidt/ ---
>  - - 52 Ken           http://www.dorsai.org/~walts/          Sun 57 - -
>
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Regards,
--
Jeffrey A. Williams
Spokesman for INEGroup LLA. - (Over 129k members/stakeholders strong!)
================================================================
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