Carson Jerema: Mark Carney, the wrong economist, goes to surveys

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If the doctor of economic sciences from Oxford University has been a golden man in 13 years, as the governor of Sachs Investment Bank and Canadian and British Banks, the Prime Minister Mark Carney will understand. I say “must be,” because nothing comes out of the mouth in recent weeks is not the concept of markets, at least the average Montreal Student.

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Carney is expected to have a choice for an election on Sunday, and the trump seems to be seen on the powers seen as an economic management in the twist. It offers its predecessor as a man with more experience than Justin Trudeau, but the credentials simply mask the fact that the liberals just trade with a loyal strip of a loyalty.

In itself speech After gaining the liberal leadership, CARNEY conservative leader Pierre Poilievre “a lifelong politician who worshiped the altar of freestyle” and the salary itself, “no one was not a line liberals.

And what do Canada do instead of free market? According to Carney, we only need knowledge by CARNEY. “I know how the world is working and I know how to work better for all,” he said. “And this knowledge is especially useful in the service of Canada when we need to build a new economy and create new trade relations.”

What else explains CARNEY’s economy and impressive knowledge that explains the world? “We know that markets are not values.

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That is, to summarize, the markets think that the target is not cold or weak, and the target should be managed by liberals for their proper work. You are on the head of someone with the fact that CARNEY is superior to the world.

For years, the Prime Minister has repeatedly confused the moral meaning of values ​​with market prices for years, as if it does not value people’s children, and the markets are not worthwhile. However, such thinking is betraying how the world works, however, how Carney works.

CARNEY’s 2021 book, value (s), Peter Broken Peter Foster notes “Sunday assessments are different from moral values, differentiating Carney is always confused.” To distort the main economic principles, CARNEY writes: “The market value is purchased to represent the internal value and is not evaluated if the market is not good or operated.”

To reinforce the debate not allowed to work without the markets, CARNEY, former central banker, “value,” is the spiritual and economic, each other uses two different meanings instead.

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Foster sends this straw man to move away from a fly, “Who keeps such a stupid picture?”

To do not use the knowledge of the king of self-approved philosopher, but also the use of government planners of the price system.

Prices are about decisions that people, where people, where to buy, where to work and live, and where it will be produced and where to invest. The market depends not from the knowledge of people in the government, but the specialized knowledge of countless people operating in their own interests.

In the classic essay “Use of knowledge in society” Economist Friedrich Hayek explains how the price system closes a cargo ship with a part of the world, for example, a local copper deficiency or a oil refining plant or a half empty cargo ship.

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Knowledge of knowledge can be related to the decisions of the “man in place”, but it can be every shortage, discovery, late shipping, etc. Indeed, it cannot be aware of a certain country or even a large city.

“It doesn’t matter to him,” said, “Hayek writes”, why are more screws more than one size than the other. “All this is important,” Hayek explains further, “how much or less it is difficult to buy, how much or less it is difficult to buy.”

This is a price system that delivers information quickly and efficiently. When prices rise, it shows the deficiency, sends the signal to redistribute sources. Thus, if food has increased the price of canned foods during the crisis, it has the damage to the company if a government is laid on the price, because if it is unable to bring the existing shortage to the market, thus leads to a lack.

Hayek describes this system as “amazing” as “amazing”, “If the intentional human design was the result of human design,” he was known as one of the greatest victories of the human mind. “

CARNEY should be abundant to anyone who is able to have a professional and professional or professional origin or all the information needed to work properly to work in the right of a central government or a person, the markets. Otherwise, it seems like the Prime Minister does, only Hubris, it is to quote another famous Hayek piece writingThe way to the serfy.

National Writing

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