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  • #61
    I don't think Asher understands "free lunch".

    The other possibility is that I don't, but I have a book about it open right now...
    If there is no sound in space, how come you can hear the lasers?
    ){ :|:& };:

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    • #62
      Originally posted by Hauldren Collider View Post
      I don't think Asher understands "free lunch".

      The other possibility is that I don't, but I have a book about it open right now...
      If someone borrowed that book from you after you were done with it, did they get a free lunch?

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      • #63
        Originally posted by Hauldren Collider View Post
        I don't think Asher understands "free lunch".

        The other possibility is that I don't, but I have a book about it open right now...
        Think opportunity cost.
        "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
        Ben Kenobi: "That means I'm doing something right. "

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        • #64
          Originally posted by Hauldren Collider View Post
          I don't think Asher understands "free lunch".

          The other possibility is that I don't, but I have a book about it open right now...
          Look, everyone understand that government spending is funded by taxes. There's nothing insightful about spouting "there's no such thing as a free lunch" when someone wants a government program.

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          • #65
            Originally posted by Hauldren Collider View Post
            Redistributing money is inefficient and the transaction costs often exceed the redistribution as people adjust their activities to qualify for the handouts.
            If people adjusted their activities to qualify for government grants for engineering majors, that would probably be a good thing.

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            • #66
              I'm trying to narrow the scope to the level of the person only, not the entire macroeconomic system. I thought I was making that clear.

              It just irks me when a well-to-do person who gets everything handed to him derisively mocks others in different circumstances who are just looking for the same.
              "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
              Ben Kenobi: "That means I'm doing something right. "

              Comment


              • #67
                FWIW my father is also quite wealthy, but he made a point in making me fund my own education. He grew up in a very poor family and had to bust his ass to get everything he wanted, and he wanted to instil the same kind of work ethic and sense of accomplishment and ownership in me and my brother.

                At the time I thought he was just an ass, but I appreciate what it did for me now. Then again, I live in a country with reasonable post-secondary education costs and I also had a lot of scholarships and made good money on my own, I never took out a student loan...

                Another reason why your "free lunch" comment bothered me, anyway. Somehow I doubt you've even worked a job.
                "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                Ben Kenobi: "That means I'm doing something right. "

                Comment


                • #68
                  FWIW my father is also quite wealthy, but he made a point in making me fund my own education. He grew up in a very poor family and had to bust his ass to get everything he wanted, and he wanted to instil the same kind of work ethic and sense of accomplishment and ownership in me and my brother.


                  Basically, he decided to give a bunch of free money to the government.

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                  • #69
                    If people adjusted their activities to qualify for government grants for engineering majors, that would probably be a good thing.


                    Why? How is that any different from any other government program that claims to know how best to run people's lives?

                    The benefits of a college education accrue to the student as higher salaries, which provides better input than the government ever could into which majors are valuable.

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                    • #70
                      Another reason why your "free lunch" comment bothered me, anyway. Somehow I doubt you've even worked a job.


                      For someone who makes a big deal about being all about the little picture, you're awfully bad at it.

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                      • #71
                        Originally posted by Kuciwalker View Post
                        Basically, he decided to give a bunch of free money to the government.
                        ?


                        Originally posted by Kuciwalker View Post
                        For someone who makes a big deal about being all about the little picture, you're awfully bad at it.
                        ?

                        The being cryptic-means-I'm-intelligent game you've been playing lately is getting a little old.
                        "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                        Ben Kenobi: "That means I'm doing something right. "

                        Comment


                        • #72
                          Redistributing money is inefficient and the transaction costs often exceed the redistribution as people adjust their activities to qualify for the handouts.


                          1) Why is redistribution inefficient? Inefficient compared to what? Inefficient towards what end?

                          2) Please explain what you mean by "transaction costs" in this context. Do you mean "something that sounds bad that I just pulled out of my ass"?

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                          • #73
                            Originally posted by Asher View Post
                            ?
                            Canada has an estate tax. Based on your description, the money he didn't spend on your college is likely just going to end up in your inheritance.

                            ?

                            The being cryptic-means-I'm-intelligent game you've been playing lately is getting a little old.
                            The fact that you think I'm being cryptic just goes to show how clueless you are outside your little specialties...

                            You are so enamored of the idea of HC as a spoiled brat that you are willing to draw ridiculous conclusions.

                            Comment


                            • #74
                              Originally posted by Kuciwalker View Post
                              If people adjusted their activities to qualify for government grants for engineering majors, that would probably be a good thing.


                              Why? How is that any different from any other government program that claims to know how best to run people's lives?

                              The benefits of a college education accrue to the student as higher salaries, which provides better input than the government ever could into which majors are valuable.
                              Yeah, and if a government program causes more people to get high value degrees then society will be better off. The market gives some indication of which ones are higher value.

                              Comment


                              • #75
                                Speculation: incidence of pre-college employement is substantially higher among children of wealthier parents.

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