- Free markets are the best way to allocate scarce resources.
- Markets need to be free of market failures – not just free from stifling regulation – to work best.
- Allocating scarce resources is not the only function of a society.
I think this leaves me fairly centrist and offers loads of wriggle room on individual topics. There is lots of opportunity for you to point out areas in which I show cognitive dissonance.
I aim to be open minded. This is me writing in 2009:
“…cohesiveness is unconvincing, and certainty is a sign of weakness.”
I think certainty is a kind of extremism. (secret: I sometimes overstate things merely to increase engagement. I’ve learned something from Andrew Bolt.)
Neither do I claim to know or understand everything in the field of economics. My formal education in the topic ended without an honours year (I was offered a job at Treasury and didn’t give continuing education a second thought). I’m open to hearing about any and all data and theory that might set me on the right track.
Thomas the Think Engine 