[quote]pittbulll wrote:
orion wrote:
pittbulll wrote:
JoeGood wrote:
pittbulll wrote:
orion wrote:
pittbulll wrote:
orion wrote:
pittbulll wrote:
orion wrote:
pittbulll wrote:
danc2469 wrote:
jawara wrote:
As a person who has been poor before I dont say FUCK THEM. I say give them the opportunity to better themselves…if they don’t want to then say FUCK THEM.
I really don’t care how many ethnic minorities say they are oppressed here in America, if my 13th grade black ass can earn a living, ANYONE can, as long as they are willing to work hard and they have opportunities to better themselves.
X2
I think the problem is they are not willing to work at all. It is easier to sit at home and collect your government subsidy than it is to work 60 hrs a week at a job you don’t like much.
Me, I perfer to have the finer things in life. Like food, a car, a house,a cement pond, and a gym memebership.
what if there are no jobs or they pay less than welfare ?
There are always jobs and then welfare would be too high.
Can’t argue with logic like that:)
In fact you can´t.
What you want is to distort the market with minimum wages and welfare while still expecting it to do its job, allocting resources.
Sorry. won´t work that way.
Some people call it living in a civilized society.
You do realize that just because you state your case as though it were fact, it is still just your opinion
No, that you cannot interfere with the market without lowering overall utility is actually a logical necessity.
What utility is going to be lowered ?
ROFL
Utility is the amount of “use or satisfaction” you get from making an economic choice.
As in do I get more utility from buying 5 hamburges or one pizza or 3 hamburgers and spliting a pizza? Thus most rational consumers attempt to maximize their total utility. How ever many consume in an irrational manner and thus do not maximize their utility.
You are confusing the term industrial meaning (power company, water board) with an economic function.
This is a sign you aren’t very familiar with even the most basic of economic terminology and as such a sign that you have not been exposed to any real economic education.
Perhaps a bit more reading is in order?
Thanks for the info,
“No, that you cannot interfere with the market without lowering overall utility is actually a logical necessity.”
Maybe could have written better
And we are back to making policy on untried theory again ,
That is not an untried theory that is more like a tautology.
Insofar it is undeniably true but does not prove too much.
Instead of course that you have no idea why, given a certain income structure a market always moves toward the pareto optimum.
Since it does that more or less by itself through myriads of transactions every government action is a step away from it.
In fact the theory of government redistribution is not sound and proven to be false in some cases and yet you have no problem with these types of “experiments”.
And yeah, 2+2=4 is also more or less tautological but it is nonetheless true.
Tell me who is going to be better off I maybe I can tell you who is going to pay for it.
What does 2+2 =4 have any thing to do with this thread or any thing to do with rhetoric? I assume because you have access to a dictionary on your computer, you believe you are an ace in communication.
You cloud good communication with your tautological self absorbed style of language. Your vocabulary may be better than mine; you may even know how to type better than I. I believe your self valuation only impresses you
What types of experiments do I have no trouble with?
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The tautology lies in the idea that a free market always maximizes utility.
The way utility and free markets are defined that is an inevitable conclusion.
That is no problem for the Austrian theory though, because it more or less states that you can derive all of economic theory from a few self-evident ideas.
It is the same concept as mathematics, once you have established that their are natural numbers, a zero and so on, 2+2=4, no way around it really.
The kind of theory you have no problems with is the kind that states that you could raise overall utility by taking money away from some people and giving it to others via welfare, subsidies or tariffs.
We know though that that must necessarily make the system as a whole less efficient, i.e. it makes the overall wealth shrink.