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

To: neolib who wrote (751346)	11/5/2013 7:12:56 PM
From: combjelly	Read Replies (2) \| Respond to of 1576289

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. We have a bunch of ardent Austrian Schoolers here. Heck, Tenchu likes to claim that Keynesian economics was discredited in the 1970s and no one follows it any more. And he claims that nothing can stop wealth concentrations and his buddy i-node argues that it is, in fact, good for an economy. It is a regular economics fun house....

To: neolib who wrote (751346)	11/5/2013 8:50:30 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1576289

Neolib, Forget your parable's details, I supplied another. I already answered that. There's a difference between recreation and vandalism. If breaking windows were indeed a spectator sport, then there would be recreational value in manufacturing windows that are made to be broken. 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. And you would defend that practice on the notion that it "contributes to the economy"? How about building the South China Mall outside of Guangzhou? It's a living ghost town (see the PBS documentary here), but so-called "Keynesians" would defend such projects on the basis of "creating jobs." China is building one of the worst bubbles of artificial economic activity, and it's going to collapse big time. Tenchusatsu