Jon Bostwick agrees on another post that "Man is clever but not wise ("homo sapiens" is a misnomer)", but further comments (emphasis added): "True. But humanity is wise. Men create cultures, economies and law. "Man's flaw is that he is over confident of his own intelligence...
Posted to
TT`s Lost in Tokyo
by
TokyoTom
on Mon, Oct 15 2007
Filed under: environment, mises, state, property, ostrom, cordato, commons
Dan McLaughlin asks the first of these interesting questions on the Mises blog, http://mises.org/story/2718 . The second question is mine, and I addressed it briefly in the blog responses to Dan. I take the liberty of posting that response here, revised slightly and with a few further comments. Too many...
Posted to
TT`s Lost in Tokyo
by
TokyoTom
on Thu, Sep 27 2007
Filed under: tragedy of commons, environment, Malthus, mises, property, markets, ostrom, yandle