Post
Topic
Board Economics
Re: A Resource Based Economy
by
deisik
on 20/07/2016, 22:26:44 UTC

Trite cliches used out of unthinking habit

I like how you criticize my arguments but never provide an explanation or a valid counterargument.

Einstein's equations are not evil because they resulted in the invention of nukes.

Just as economic theory of free markets are not evil because they result in bad products that the stupid humans demanded.


Any economic concept has an (allegedly) rational individual at its basis, and the whole science of economics studies human behavior, namely, the part which involves interactions about limited resources. As I said, the notion of free market is no more than a convenient generalization of a particular form of such interactions...

Just like thermodynamics is a useful "generalization" of separate particles (molecules and atoms) movement