01-17-2018 12:31 PM
#976
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01-17-2018 12:33 PM
#977
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01-17-2018 12:37 PM
#978
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To make it more clear |
01-17-2018 12:40 PM
#979
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01-17-2018 12:48 PM
#980
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01-17-2018 01:24 PM
#981
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It has one of the most picturesque divides in wealth. You have homes with heli pads and 3rd world shacks where naked children scavenge for food in the same city. It's been experiencing massive economic growth in the last 10 years, but the large majority are only spectators to it. | |
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01-17-2018 01:31 PM
#982
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If income is zero, there is no market. Which hurts buyers just as much as sellers. So there you go, now you don't have to worry about a wealth divide. Everyone's broke. |
Last edited by BananaStand; 01-17-2018 at 01:33 PM. | |
01-17-2018 01:50 PM
#983
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01-17-2018 01:52 PM
#984
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01-17-2018 02:05 PM
#985
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01-17-2018 02:36 PM
#986
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I would like to know some details. I'm not asking for you to provide them since you may not have them, just saying I would like details. If it is through market capitalism that people are getting wealthy in Mumbai, it necessarily means the consumers of the good/services of the capital owners are getting wealthy. I'm not saying this is the case in Mumbai; it could (and may) not be an example of market capitalism. Even so, when it comes to the poor scavenging food in the streets, context is needed. Thomas Sowell's fundamental question "Opposed to what?" is good here. Even if a very poor place undergoes decades of 10% real growth, there will still be poor people scavenging for food for some, most, or all of those years. |
01-17-2018 02:49 PM
#987
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01-17-2018 03:02 PM
#988
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With enough efficiency gains, people would prefer to do things and give things away for free. There are costs to putting prices on things. With enough efficiency gains, people would get more subjective benefit from not pricing something than by pricing something. We see this in action already, like with Bill Gates. It costs him more subjectively to not do all the charity work he does. This is showing us that Bill Gates gets more benefit out of helping people eradicate a disease than he does the amount of his monetary wealth it costs him. Not only does Bill Gates not want to make more monetary wealth off of eradicating disease, but the subjective benefit is so great that he prefers to spend monetary wealth for his subjective emotional-type gains. |
01-17-2018 03:05 PM
#989
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naaaahh, every dude in a tie is just another Gordon Gecko. Tax that bitch |
01-17-2018 03:12 PM
#990
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In your face Barry!!! |
01-17-2018 03:23 PM
#991
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01-17-2018 03:25 PM
#992
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01-17-2018 04:13 PM
#993
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Banana, if you knew what Bill Gates thinks about taxation, you'd get an aneurysm. | |
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01-17-2018 04:34 PM
#994
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I've argued many times that any humane society will provide economic safety nets for the disabled and those afflicted by hardship. |
01-17-2018 05:53 PM
#995
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Where are the fake news awards???? |
01-17-2018 06:02 PM
#996
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I can only speak for myself, but no. I want welfare to be changed to a format that gives incentives to become self-sufficient for those who can instead of giving incentives to stay on welfare indefinitely. | |
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01-17-2018 06:03 PM
#997
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I made the Bill Gates point in the context of the idea that there is so much prosperity that there are no jobs. Not everybody is kind-hearted or philanthropic. In a world with so much efficiency and so much prosperity that nobody can even work, any amount of philanthropy would be more than enough to make that a better off world than if it was less efficient and people had to work. But it's whatever, I don't think revisiting this will yield much so you can respond and I'll listen and leave it at that. |
01-17-2018 06:03 PM
#998
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01-17-2018 06:06 PM
#999
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01-17-2018 06:09 PM
#1000
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01-17-2018 06:16 PM
#1001
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An interesting thing here is that attempting to solve this problem suggests a real problem when there is too much centralization. |
01-17-2018 08:06 PM
#1002
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https://gop.com/the-highly-anticipat...e-news-awards/ |
01-17-2018 08:21 PM
#1003
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Still can't get the site to load, but just saw the top 5 listed on TV. |
01-17-2018 08:38 PM
#1004
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01-17-2018 09:36 PM
#1005
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01-17-2018 09:39 PM
#1006
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To put Krugman in contrast, right after the election news, my very close friend who did not like Trump told me "I hope you're right about that." He was referring to me telling him before the election that after Trump wins, the economy will do markedly better. I have this superpower of paying attention to what's in economics textbooks. Krugman has the superpower of watching how many copies of his PhD it takes to clog the toilet. |
01-17-2018 10:48 PM
#1007
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01-17-2018 11:28 PM
#1008
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01-17-2018 11:28 PM
#1009
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01-18-2018 02:14 AM
#1010
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https://www.politico.com/story/2018/...th-care-289542 | |
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01-18-2018 08:08 AM
#1011
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this is so backwards I don't even know where to start. |
01-18-2018 09:46 AM
#1012
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01-18-2018 10:02 AM
#1013
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No one is forced into any profession. | |
01-18-2018 10:06 AM
#1014
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01-18-2018 10:06 AM
#1015
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01-18-2018 10:06 AM
#1016
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Last edited by spoonitnow; 01-18-2018 at 10:14 AM. | |
01-18-2018 10:09 AM
#1017
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01-18-2018 10:19 AM
#1018
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Ridiculous oversimplification. |
01-18-2018 10:27 AM
#1019
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For the record, I generally side against people who claim religion as means to discriminate. |
01-18-2018 10:28 AM
#1020
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01-18-2018 10:29 AM
#1021
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01-18-2018 10:31 AM
#1022
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01-18-2018 10:35 AM
#1023
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01-18-2018 10:39 AM
#1024
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01-18-2018 10:46 AM
#1025
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01-18-2018 10:51 AM
#1026
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Whatever fag. |
01-18-2018 11:29 AM
#1027
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01-18-2018 11:46 AM
#1028
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01-18-2018 12:02 PM
#1029
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01-18-2018 01:33 PM
#1030
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The choice to not do something you don't want to do is an important component of how resources are more efficiently allocated towards people's preferences. This is essentially because of how cost and quantity change and how other people respond to the change. |
Last edited by wufwugy; 01-18-2018 at 01:36 PM. | |
01-18-2018 01:55 PM
#1031
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01-18-2018 02:08 PM
#1032
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01-18-2018 06:04 PM
#1033
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01-18-2018 07:19 PM
#1034
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Last edited by BananaStand; 01-18-2018 at 07:45 PM. | |
01-18-2018 07:49 PM
#1035
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01-18-2018 08:58 PM
#1036
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All illegal immigrants are criminals. | |
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01-19-2018 11:14 AM
#1037
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Kristen Gillibrand before the looming government shutdown in 2013 |
01-19-2018 11:39 AM
#1038
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They're not sending their best, folks. | |
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01-19-2018 12:20 PM
#1039
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"Schumer Shutdown" |
01-19-2018 07:50 PM
#1040
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Acosta still salty he didn't beat out PhD-as-toilet-paper Paul Krugman for #1 at the much loved Fakies. |
01-19-2018 07:55 PM
#1041
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I'm glad they expelled this idiot: http://www.al.com/news/birmingham/in...zes_for_r.html | |
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01-19-2018 07:59 PM
#1042
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Looks like Martha from The Americans. |
01-19-2018 09:53 PM
#1043
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fucking lol |
01-19-2018 10:32 PM
#1044
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Wonderful | |
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01-20-2018 07:10 AM
#1045
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01-20-2018 11:04 AM
#1046
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Does anyone know what it's like to be in a cult? | |
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01-20-2018 11:06 AM
#1047
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01-20-2018 11:08 AM
#1048
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01-20-2018 11:30 AM
#1049
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01-20-2018 11:37 AM
#1050
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When the next democrat is elected President. Remember your own words. Treat them fairly. | |
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