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I'm still digesting your earlier posts but on the last one, hm I'm not sure I agree. Sure, someone being covered by universal healthcare probably has a nominally greater risk appetite than someone...

Yeah was gonna say that. What problems do you see universal coverage creating?

I just framed it as aliens bringing it from the outside to avoid it being redistribution, just looking at the effects of different segments of the economy gaining wealth.



Income mobility has...

I know what inflation is, and inflation in both a and b are identical. I've also read about marginal propensity to consume and marginal propensity to save. It might very well be that the rich are...

Doesn't this depend entirely on what type of goods we're talking about? 1000 poor people probably use more toilet paper than 1 rich guy, but the 1 rich guy probably always buys more private jets....

Ok I think I understand what you mean by demand vs quantity demanded, makes sense. Quantity demanded is directly affected by price, so if something gets cheaper, people want more of it. What I meant...

Undoubtedly any costs incurred by the clients would be compensated in service fees. So I suppose if anything, having more smaller customers would generate more business, turnover and most likely...

How is Warren Buffet having $1M in the bank better than a million people having $1 in the bank?

When a poor person spends a dollar, he is increasing demand, therefore making it possible to...