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Date: 2009-03-17 (13:57)
From: Markus Mottl <markus.mottl@g...>
Subject: Re: [Caml-list] caml trading
2009/3/16 Yaron Minsky <>:
> I would humbly propose that this thread has now gotten deeply off-topic, and
> perhaps discussion on the list should turn back to programming languages,
> rather than to deep philosophical questions about the nature of the
> financial markets.

I'd also rather keep this thread off the list now and will only reply
off the list in the future if it seems reasonable.  This thread has
become way too political for my taste.

As someone else here has already suggested, I encourage everyone that
wishes to learn more about different models of economy to pick up any
reputable, introductory textbook on microeconomics.  It will teach you
that markets, by and large, work well, that they can sometimes fail,
can also fail systematically in certain areas, and that it is
extremely hard to find good solutions for the latter that do not cause
more problems than they solve.  Ideological quick fixes do not exist,
just as the optimal type sytem doesn't so no more flames please...


Markus Mottl