[Dialogue] Fallacy of Division

[Karl Hess]

Hi,

Perhaps the root problem with Friedman is the fallacy of division. 
If a room of homeless men has an average income of $1000/yr and Bill 
Gates walks into the room, the average might become $100 m /yr.  Does 
that make the homeless men millionaires?

Friedman seems to think that raising the GNP/person is evidence for 
improved conditions, and it is for some people - mostly the bankers 
and other plutocrats.  It is not evidence of improved conditions for 
the women and children.  I understand why the Economist and the Wall 
Street Journal want to promote this fallacy.  I cannot understand why 
ICA folks promote it.

Karl