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To: ThirdEye who wrote (13281)	10/12/2004 11:40:03 AM
From: gpowell	Read Replies (1) \| Respond to of 116555

I was suggesting, as was Grace, that the choices people make for the products they wish to consume is often based on denial of the consequences of those choices-yes, irrational behavior. Grace’s point was about the consequences of transferring individual risk to society, which is that individuals increase their risky behavior – a perfectly rational thing to do under the circumstances, because the implied, or expected, cost of that risk is simply transferred from the individual to society. The fact that you think this has something to do with "mandating the products that are produced" is a bizarre and unwarranted leap. I had to guess at your point because your post contained numerous non-sequiturs. Perhaps you’re not aware that much of your post contained ideas borrowed from Mercantile and Marxist dogma. As far as the flawed logic of those irrational decisions is concerned, quite alot of research has been done in the area of financial management decisions that people make. I'd be surprised if the findings don't also apply to how people spend their money. Investment behavior studies conclude that individuals are risk averse - losses have a higher negative value than an equivalent gain. That is why ”Government” can make a case that transferring risk from the individual to society can have a positive expected gain - perfectly rational, given the assumptions.