Mat Nuclear
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Appearances Over Time
Podcast Appearances
which is a conservative critique of liberalism going all the way back to Burke and further, is that you can't actually quantify everything.
You know, a cynic is one who knows the price of everything and the value of nothing.
And so we have to remember, we want all that wealth.
We don't want to become commies, but we need it to be for something good.
And we can know the good.
And if we can't know something about the good, then we can't have self-government.
Okay, so this is a point that Thomas Sowell makes.
The thing about that chapter, though, is I think you're missing the point of it, believe it or not.
I can't believe you, Michael.
No, I loved that chapter.
I love the title because, you know, he's going to be pilloried as some left winger or something.
But ironically, the argument he's making and the title he's using to do it is the original conservative critique of liberalism, liberalism, which makes it's.
The issue is not involving economics, obviously.
It's making an idol out of economics.
So the line that J.D.
mentions about the strawberries is he says, look, you know, if the Japanese are willing to pay $6 for a carton of strawberries and someone else pays $6 for another carton of strawberries somewhere else and one carton of strawberries is better than the other, then the market has actually not taken into account the difference between those things.
And so it's kind of a silly example.
That's not true.
It's not true.
But the basic point is that the price, $6, doesn't take into account qualitative differences.