Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.3 alpha 4/15/85; site ratex.UUCP Path: utzoo!watmath!clyde!ratex!mck From: mck@ratex.UUCP (Daniel Kian Mc Kiernan) Newsgroups: net.politics Subject: Arguments -- (Reply to)**7 Baba, Pt 2 Message-ID: <1125@ratex.UUCP> Date: Fri, 3-May-85 13:13:18 EDT Article-I.D.: ratex.1125 Posted: Fri May 3 13:13:18 1985 Date-Received: Sat, 4-May-85 01:30:17 EDT Organization: Squids R Us Lines: 51 Keywords: haymarket Lines marked with an odd number of '>' are those of Baba; the rest are mine. >>>Which argument do you claim I dropped out of "rather than concede error"? >> >>Case in point: You asserted that free market conditions could be such that >>economic growth was necessary to attain full employment. I pointed out that >>demand for labor and supply of labor were both functions of wage rates, and >>that in a Free Economy workers and employers would bid wages up or down until >>full employment was attained, without there necessarily being any growth in >>the economy. > >Your reply, in this case, came about a month after the article of mine that >it referenced (this was, you will recall, around the time that Larry Cipriani >reported that you were unavoidably detained by homework and exams), and >although I wrote a response to it as an exercise, I decided that it was >"old news" and left it sitting around. If you'd like to read it, send me >your net mail address (I know ratex doesn't work). It at least contains more >than personal abuse. Mail can reach me indirectly if sent to cbosgd!dlm instead of ratex!mck. >>In our arguments over inflation and unemployment, you pointed out ONE >>genuine flaw in what I said; specifically, you noted that a general rise in >>prices could be brought about by a major supply-shock, AND I PUBLICLY >>ADMITTED THAT YOU WERE RIGHT. At every other point you simply dropped out of >>the argument. > >The last statement is simply untrue. On March 3 I posted an article >entitled: "Inflation -- Back from B'ba -- to Dan'l again", which referenced >message ID 911 on ratex, and which raised further questions about your thesis >that a "free economy" with competitive currencies was inflation-proof. I >never saw a response. So either my article never reached ratex, or your >article never reached spar. Or you didn't reply. But the first two >possibilities are the most likely, on usenet. Mail and news get lost pretty >often, at least in this part of the net. And I don't think our area is >unique. Well, I can certainly admit the possibility that my extrapolation was incorrect. I say 'extrapolation', because it was based on a pattern of non- response, which is continued in the article to which I am now responding. Specifically, in your previous posting, you charged that I use innuendo (for which you can never have had ANY evidence in that I never use innuendo) and that I use 'jargon' to 'snow' people (an unreasonable interpretation in light of my repeated offers to explain my nomenclature, at least one of which you were previously familiar with); I pointed out the unreasonableness of these two accusations in the article to which you are above responding, and you dropped the subject. Back later, DKMcK