Re: Beliefs: the invisible and the visible hands of Adam Smith

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Article #2651

#2651

From: Fabrizio J Bonsignore
Date: Wed, 28 Jun 2006 15:17

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This medium is very limited and conditions are not _yet_ amenable to
expose my ideas in full, but a small ASCII diagram should do to
illustrate the idea:

|___________________________|----------------------| = National economy
|_Invisible hand markets________| market failures|

MArket failures as a general term would include other forms of economic
activity, from bartering (in Spanish traspasos too), to mafia schemes,
to unilateral transferences, charities, etc. Though the idea is mainly
mafia structures as exemplified by one metaphor, which I already
mentioned somewhere else and that, save for a few important people who
know well about it, has not been discussed yet by me.

Looks like Sam Worm ley (law) is another Mexican puya. So it is
protecting its criminals hard and tight, right?

Fabrizio J Bonsignore now Danilo J Bonsignore

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From: "Fabrizio J Bonsignore" <djbonsignore@hotmail.com>
Newsgroups: sci.econ,sci.physics,ny.politics,seattle.general,dc.general
Subject: Re: Beliefs: the invisible and the visible hands of Adam Smith
Date: 28 Jun 2006 08:17:33 -0700
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