1996-06-08 - Re: Anonymous stock trades.

Header Data

From: Sandy Sandfort <sandfort@crl.com>
To: Asgaard <asgaard@sos.sll.se>
Message Hash: 3250867ec55b5f475ab673bc07a489032ca6457d27990170a798354f56780a9d
Message ID: <Pine.SUN.3.91.960607190041.20808B-100000@crl8.crl.com>
Reply To: <Pine.HPP.3.91.960608021535.21836B-100000@cor.sos.sll.se>
UTC Datetime: 1996-06-08 07:30:56 UTC
Raw Date: Sat, 8 Jun 1996 15:30:56 +0800

Raw message

From: Sandy Sandfort <sandfort@crl.com>
Date: Sat, 8 Jun 1996 15:30:56 +0800
To: Asgaard <asgaard@sos.sll.se>
Subject: Re: Anonymous stock trades.
In-Reply-To: <Pine.HPP.3.91.960608021535.21836B-100000@cor.sos.sll.se>
Message-ID: <Pine.SUN.3.91.960607190041.20808B-100000@crl8.crl.com>
MIME-Version: 1.0
Content-Type: text/plain


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                          SANDY SANDFORT
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

C'punks,

On Sat, 8 Jun 1996, Asgaard wrote:

> Who is going to assure that someone has an ownership stake in the
> Humpback Whales? The World Government? Is that entity supposed to
> give the whales to some private whale-watcher's tourism enterprise?
> I don't get it.

When I first was introduced to free market economics, I had the
same sorts of questions (e.g., "who will own the roads?").  If
you keep at it, though, these questions are easily answered.

Rather than give away the answer to Asgaard's question, I'll
propose the following Socratic response:

Who assures that someone has an ownership stake in the ships
that sail the sea?  


 S a n d y

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