Re: [OPE] Market socialism [the false assumption of the law of value]

From: Ian Wright (wrighti@acm.org)
Date: Thu Jul 10 2008 - 01:23:07 EDT


> No one is able to predict the trajectory of prices because
> entrepreneurship action and changes of preferences introduce non
> tractable uncertainty in the system.

No-one can predict the precise trajectory of an individual bird. But
that's not an argument for denying the law of gravity.

-Ian.

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