The people I like least

[Ben Kenobi]

1) Again wealth is just absence of need. The relation between this and the sum of your property is determined by your character.

Everyone has needs. Needs don't go away. Do people have more character if they starve themselves?

[Fake Boris]

If only some economist had studied the most socially beneficial path of nonrenewable resource extraction.

What's this path?

[Fake Boris]

If only some economist had studied the most socially beneficial path of nonrenewable resource extraction.

What's this path?

[Ban Kenobi]

My contention is that they do so on behalf of a misled incentive apparatus.

Are you saying there's too much conspicuous consumption? Or are you saying that income does not match up with the social utility of an occupation very well? Or something else....?

[KrazyHorse]

Do you understand how new units of currency are issued, and why?

According to you it's when somebody consumes something. Please go on.

[Felch]

What do you mean?

I mean that satisfying your taste buds is a want not a need. Your body could thrive with terrible tasting food, even if you would prefer something different.

If you're satisfied with your house, you're better off not wasting time building a new one.

What if you have what you need, but you're still not satisfied? You know, like a normal person?

[KrazyHorse]

What's this path?

Do your research. You are only 80 years too late.

[Ban Kenobi]

What's this path?

Probably referring to Hotelling's rule.

[Fake Boris]

Do your research. You are only 80 years too late.

You're only 40 years late, congratulations.

[Fake Boris]

Do your research. You are only 80 years too late.

You're only 40 years late, congratulations.

[Hauldren Collider]

Any logical system is tautological, some are just more useful than others.

WROOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOONG



Like, actually, really seriously wrong. Where did you even get such a retarded idea?

I just finished a theoretical CS exam. Logic is one of the topics we covered. I could talk to you about it, but it's actually really boring. What I'm really trying to say though is, you don't ****ing know **** about philosophy, do you?

[Fake Boris]

According to you it's when somebody consumes something. Please go on.

Indirectly of course.

[Fake Boris]

According to you it's when somebody consumes something. Please go on.

Indirectly of course.

[KrazyHorse]

Indirectly of course.

Go on....

[KrazyHorse]

Question: how have nonrenewable consumable resource prices generally evolved relative to hotelling's rule? What does this imply for the rate at which we've extracted them?