Comment 52584

By adrian (registered) | Posted December 03, 2010 at 08:05:55

It's a waste of time because Smith's intention was never to engage in good-faith discussion.

I've recently tried, as you can see in the chain of comments I just linked to. The problem I've found isn't just that he's obstinate and manages to sidestep any particularly valid point you might happen to make, but that he also has a poor grasp of the economic theory he espouses and so far as I can tell, has no clue how business is actually conducted in the real world. As I just said to him in that thread,

I don't think you have a grasp on the finer points of the motivations, rationale, and logic of business and businesspeople. I don't think you understand how business is done, in general, or in this city. You're a "capitalist" insofar as you believe in an economic theory but not in the practical sense of having capital or knowing what to do with it if you did.

In summary: I gave A Smith a shot, it was disappointing and pointless, so I'm done.

From Bob Innes' site:

There you have it. A Freudian slip gives away his entire incentive. Readership.

Bob, now that Ryan has explained what actually happened when he posted his comment (my wife constantly complains that when she spells the name of our daughter when using our iPad, it replaces her name with "solace"), I expect you'll be correcting the article on your website? I'm sure you understand it would be the height of hypocrisy to criticize this site for bias but then fail to correct egregious and defamatory errors on your own.

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