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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (751345)11/5/2013 6:10:14 PM
From: neolib  Read Replies (3) | Respond to of 1576163
 
Forget your parable's details, I supplied another. Hell, the Japanese made it recreation to smash china. You could go to a room, pay for a bunch of china, and smash it. For the freaking fun of it.

The point is, nobody can classify with any great success what is economically positive vs negative in a black and white sense. There are clearly degrees, and there are clearly +/- signs, but they aren't universal, and a given activity at a given level will have a different effective gain (magnitude and sign) in the economy than the same activity at a different level or within a different context.

You need to look at what happens all over in China. They build a nice building, and two years later smash it to build something else. Your Austrians would have fits over that gross miss allocation of resources, not to mention the smashing often happens due to one group of corrupt pols have the power to do it without the consent of the 1'st set of owners so it is not by free will of all the participants but has the dreaded government force involved. It turns out that free will or force have almost nothing to do with whether something in the end contributes to the economy. Ideological claims to the contrary are irrelevant.