: I think economics is commonsense, Friedmann is not formally qualified in economics I believe (Friedmann has also been noted as saying there's far more room in the economy for the state than he first realised if I'm not wrong too)
I think he meant it the way one would say that a ship with a sufficiently efficient pumping system could bear quite a large hole in the hull without sinking.
: have you ever read "The economic horror"?
Do you know if its webbed please?
: : Its not the speed that bothers me about socialism - its the consequences of what actually happens when its implemented.
: It's not the speed that bothers me about capitalism - it's the consequences of what actually happens when its's implemented.
I can see why Blair / Clinton gets elected now.
McSpotlight: As far as "L'horreur economique" is concerned, it's written by Viviane Forrester; you can find an essay about it here. Hope this helps.