virus: Re: Randomness of Markets

Duane Daniel Hewitt (
Tue, 4 Jul 1995 14:53:41 -0600

On Tue, 4 Jul 1995, David McFadzean wrote:

> >
> No, different article. Is there an on-line Sci.Am. index?

I don't know but there is an index on CD ROM in the library about fifty
feet away from me. I will have to go and check on it.

> My understanding of the traditional sense of a 'just reality' is that
> forces are at work to ensure that good, honest people are rewarded in
> the long run and vice versa for evil, dishonest people. I don't believe
> there are any such forces, except society itself.

I don't think that there are any active forces attempting to bring this
about but the nature of reality itself. Those who attempt to thrive
through dishonesty and theft are not living by any abilities but brute
strength and duplicity. However, it is becoming more and more difficult
to live in such a manner. (This may spark another tangent and I will
discuss it further if you wish). Therefore those who live by voluntary
trade of their actual abilities seem to be gaining the upper hand.
(capitalism). This is due to this being the most successful strategy
discovered to date.

> But, again, I agree. It is still worth striving for excellence even though
> there are no guarentees.

Yes, I have already recognized this in you as well as others in the
group. Not that I claim to be any shining example of this ethic but I am
striving to be.