> I think the trouble with economics (psychology also comes to mind) is that
> most people feel it is something they understand intuitively, and are
> therefore qualified to make sweeping statements about it. Exact sciences
are
> different in this regard, it's easy to prove something one way or another.
> 
> There are many people like Gerhard who take the current economic situation
> as an opportunity to gloat -- "where's your magic Invisible Hand now?"
> 
> They have a point, of course. What they don't seem to realize, however, is
> that the alternative is much worse.


So the invisible hand occasionally give you a slap for being stupid.  Still
works.

Tony

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