Reductio ad absurdum is a perfectly valid form of argument. http://en.wikipedia.org/wiki/Reductio_ad_absurdum
Doesn't this only prove that there cannot be an efficient market for these special "Turing machine" bonds?
nextNY may be close to what the author envisions: http://www.nextny.org/
"that said, it's also a common mistake of free marketers to think of a work disincentive as inherently bad" The article points to work disincentives created as unintended consequences of (a combination of) other…
Reductio ad absurdum is a perfectly valid form of argument. http://en.wikipedia.org/wiki/Reductio_ad_absurdum
Doesn't this only prove that there cannot be an efficient market for these special "Turing machine" bonds?
nextNY may be close to what the author envisions: http://www.nextny.org/
"that said, it's also a common mistake of free marketers to think of a work disincentive as inherently bad" The article points to work disincentives created as unintended consequences of (a combination of) other…