Originally posted by KrazyHorse
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Why is it so hard to be a part-time bank teller (or to get any job)?
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“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by Jon Miller View PostPeople who are 55 can still be quite productive. They don't have to become drags on society.
If they have saved up the money... they can spend it on what they wish.
JM12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Originally posted by DaShi View PostAn absurd amount. In fact, the gov spends a lot of money just to figure out what you want.
There are 300 million people in the US. Don't be ****ing ridiculous.
Not to mention the fact that no government employe has ever asked me what I want. And by insulating themselves from price signals and only responding to weak aggregated signals like votes, they don't have a ****ing clue what I want.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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Everyone has their own idea about what people ought to want, and almost nobody thinks that someone else could make a better decision than them about what they want. Therefore the only logical conclusion is to allow people to get what they want and not make decisions for them. The obvious thing to notice about this is that if everyone just buys what they want and leaves other people alone, they improve their own happiness and have zero risk of reducing the happiness of other people.
Yes, this is an Objectivist (Ayn Rand-esque) viewpoint, but this is a case where Ayn Rand was clearly right.If there is no sound in space, how come you can hear the lasers?
){ :|:& };:
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Seriously? That's the direction you want to take this?“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by Provost Harrison View PostKH isn't anything as moral or socially-minded as a drug dealer. He works for Goldman Sachs.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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Originally posted by Hauldren Collider View PostEveryone has their own idea about what people ought to want, and almost nobody thinks that someone else could make a better decision than them about what they want. Therefore the only logical conclusion is to allow people to get what they want and not make decisions for them.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by DaShi View PostSeriously? That's the direction you want to take this?12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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The government:
1) Doesn't have the resources to decide what people want better than they do for themselves
2) Doesn't have the incentives to do so (and act on this knowledge)
The thought that either of those statements is wrong is blatantly absurd.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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Originally posted by DaShi View PostThe first part is correct, but the second one doesn't follow.If there is no sound in space, how come you can hear the lasers?
){ :|:& };:
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Correct me if I'm wrong, but doesn't thinking that a single person (or small group of people) would be the ideal place to make the personal decisions for an entire population literally make you a communist? Or just a totalitarian?If there is no sound in space, how come you can hear the lasers?
){ :|:& };:
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Originally posted by Cort Haus View PostIt is probably true that the vast majority of people who take recreational drugs enjoy themselves without doing themselves or anyone else any significant harm. Yes, there are certainly casualties, but I expect this is a very small percentage of the entire set of users of recreational pharmaceuticals.
I think that if we want to explore the idea that wealth gained != value provided in certain cases then other examples might be more suitable. I have certainly experienced many instances of people being either over-paid or under-paid. The market is always right in theory, but not necessarily in practice.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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Just saying it is absurd does not convince me. Especially given how people make many self-destructive decisions due to poor knowledge and incentives that promote short term gains over long term ones. Then there's the fact that many people will just make decisions based on what they see everyone else doing, not on personal value.
The government isn't a perfect decision-maker, and I don't believe that it should be making all decisions for people. But in some circumstances, it does need to regulate people to ensure that they don't make decisions that are destructive to themselves and others.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by KrazyHorse View PostThere are always uncertainties and informational asymmetries. My point is simply that people are incentivized AND have much better "particular knowledge of time and place" than any central authority could ever have in order to make good decisions.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by DaShi View PostJust saying it is absurd does not convince me.
Especially given how people make many self-destructive decisions due to poor knowledge and incentives that promote short term gains over long term ones.
Short term gains outweigh long-term ones. That's why there is a discount factor (yet another individual choice which I can't make for other people).
Then there's the fact that many people will just make decisions based on what they see everyone else doing, not on personal value.
So instead of this you think the gov should be telling people to all do the same thing because IT thinks they should? Holy ****, you're substituting an externally-enforced uniformity for self-determined value in mimicry.
The government isn't a perfect decision-maker, and I don't believe that it should be making all decisions for people.
Why not? You've already explained how they make better decisions for people than they themselves do. Why not carry this to its logical conclusion?
But in some circumstances, it does need to regulate people to ensure that they don't make decisions that are destructive to themselves and others.
Stop trying to conflate costs individuals can impose upon others with the costs they impose on themselves.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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