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	<title>Comments on: Is that really economics?</title>
	<atom:link href="http://www.effinunsound.com/?feed=rss2&#038;p=1205" rel="self" type="application/rss+xml" />
	<link>http://www.effinunsound.com/?p=1205</link>
	<description>Calling out the crazy in the Pacific Northwest</description>
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		<title>By: Thehim</title>
		<link>http://www.effinunsound.com/?p=1205#comment-227045</link>
		<dc:creator>Thehim</dc:creator>
		<pubDate>Fri, 26 Jun 2009 23:58:10 +0000</pubDate>
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		<description>And the second one is just hilarious, but it all boils down to the belief that certain people are vital for keeping the economy moving forward while everyone else is just dead weight.  Of all the wingnut fairy tales, that one might be my favorite.</description>
		<content:encoded><![CDATA[<p>And the second one is just hilarious, but it all boils down to the belief that certain people are vital for keeping the economy moving forward while everyone else is just dead weight.  Of all the wingnut fairy tales, that one might be my favorite.</p>
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		<title>By: Demo Kid</title>
		<link>http://www.effinunsound.com/?p=1205#comment-227034</link>
		<dc:creator>Demo Kid</dc:creator>
		<pubDate>Fri, 26 Jun 2009 21:36:18 +0000</pubDate>
		<guid isPermaLink="false">http://effinunsound.com/?p=1205#comment-227034</guid>
		<description>It&#039;s a funny hurricane of stupid, though.  :)

The bread example is bad, but it does illuminate an important point:  there is a decreasing marginal utility to increased consumption.  Getting food on the table is far more important than getting more expensive food on the table.  But to jump from describing that economic law to a slavish devotion to economic growth at all costs?  It doesn&#039;t make sense.</description>
		<content:encoded><![CDATA[<p>It&#8217;s a funny hurricane of stupid, though.  :)</p>
<p>The bread example is bad, but it does illuminate an important point:  there is a decreasing marginal utility to increased consumption.  Getting food on the table is far more important than getting more expensive food on the table.  But to jump from describing that economic law to a slavish devotion to economic growth at all costs?  It doesn&#8217;t make sense.</p>
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		<title>By: thehim</title>
		<link>http://www.effinunsound.com/?p=1205#comment-227033</link>
		<dc:creator>thehim</dc:creator>
		<pubDate>Fri, 26 Jun 2009 21:30:00 +0000</pubDate>
		<guid isPermaLink="false">http://effinunsound.com/?p=1205#comment-227033</guid>
		<description>That is a hurricane of stupid.

And RV, please spare us the &quot;pick up a book&quot; nonsense, it&#039;s very clear that you don&#039;t understand anything about what you&#039;ve supposedly read.  Your bread example makes absolutely zero sense. It&#039;s actually comical it&#039;s so dumb.</description>
		<content:encoded><![CDATA[<p>That is a hurricane of stupid.</p>
<p>And RV, please spare us the &#8220;pick up a book&#8221; nonsense, it&#8217;s very clear that you don&#8217;t understand anything about what you&#8217;ve supposedly read.  Your bread example makes absolutely zero sense. It&#8217;s actually comical it&#8217;s so dumb.</p>
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		<title>By: Demo Kid</title>
		<link>http://www.effinunsound.com/?p=1205#comment-226989</link>
		<dc:creator>Demo Kid</dc:creator>
		<pubDate>Fri, 26 Jun 2009 16:13:25 +0000</pubDate>
		<guid isPermaLink="false">http://effinunsound.com/?p=1205#comment-226989</guid>
		<description>No, you&#039;ve pretty much shown here that you can&#039;t make a point. You go from defining decreasing marginal utility in a remarkably dense and overcomplicated way, to saying that it doesn&#039;t matter and that raw economic growth should be valued over equitable economic growth. Then you lapse into a meaningless comparison between the credit market for cars and factories. 

As a progressive, my position is clear: an optimal economic system is not one that simply maximizes growth at the expense of all else. Heck, even Friedman recognized the need for redistribution. I&#039;d much rather support the maintenance of our human and physical infrastructure over the long term health of luxury yacht businesses.

And quit the tired libertarian shibboleth of claiming that the government &quot;steals&quot; from you. Unless, of course, you&#039;re ready to start talking about how you steal from the government.</description>
		<content:encoded><![CDATA[<p>No, you&#8217;ve pretty much shown here that you can&#8217;t make a point. You go from defining decreasing marginal utility in a remarkably dense and overcomplicated way, to saying that it doesn&#8217;t matter and that raw economic growth should be valued over equitable economic growth. Then you lapse into a meaningless comparison between the credit market for cars and factories. </p>
<p>As a progressive, my position is clear: an optimal economic system is not one that simply maximizes growth at the expense of all else. Heck, even Friedman recognized the need for redistribution. I&#8217;d much rather support the maintenance of our human and physical infrastructure over the long term health of luxury yacht businesses.</p>
<p>And quit the tired libertarian shibboleth of claiming that the government &#8220;steals&#8221; from you. Unless, of course, you&#8217;re ready to start talking about how you steal from the government.</p>
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		<title>By: RebelliousVanilla</title>
		<link>http://www.effinunsound.com/?p=1205#comment-226939</link>
		<dc:creator>RebelliousVanilla</dc:creator>
		<pubDate>Fri, 26 Jun 2009 11:05:52 +0000</pubDate>
		<guid isPermaLink="false">http://effinunsound.com/?p=1205#comment-226939</guid>
		<description>Well, then you should get a book of basic economics and start reading. I&#039;m not sure if Henry Hazlit covers those laws, since I read his book a long time ago, but still.

And if you read a book of an anatomy, that one has a flat style too, since hopefully, this is what you meant - because those things aren&#039;t meaningless since they&#039;re basic economic laws and the examples are based on them. If you want to listen to rhetoric with no substance, listen to Obama. He has style, doesn&#039;t he? :P It&#039;s pretty sad when people don&#039;t understand substance anymore, isn&#039;t it?

And a thing, I&#039;m not Republican. I dislike most Republicans as much as I dislike most Democrats. In practice, they&#039;re the same shit. Just look at Obama aka Bush 2.0. Same policies. Deficit spending, stimulating the economy, policing the world, welfare. Just better rhetoric and more damaging policies for the general public, while beneficial for his favoured groups.</description>
		<content:encoded><![CDATA[<p>Well, then you should get a book of basic economics and start reading. I&#8217;m not sure if Henry Hazlit covers those laws, since I read his book a long time ago, but still.</p>
<p>And if you read a book of an anatomy, that one has a flat style too, since hopefully, this is what you meant &#8211; because those things aren&#8217;t meaningless since they&#8217;re basic economic laws and the examples are based on them. If you want to listen to rhetoric with no substance, listen to Obama. He has style, doesn&#8217;t he? :P It&#8217;s pretty sad when people don&#8217;t understand substance anymore, isn&#8217;t it?</p>
<p>And a thing, I&#8217;m not Republican. I dislike most Republicans as much as I dislike most Democrats. In practice, they&#8217;re the same shit. Just look at Obama aka Bush 2.0. Same policies. Deficit spending, stimulating the economy, policing the world, welfare. Just better rhetoric and more damaging policies for the general public, while beneficial for his favoured groups.</p>
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