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Old 06-11-2008, 09:03 AM   #1
classicman
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Wow! Cock and pussy all in one thread - this may have to get a NSFW designation.
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Old 06-11-2008, 10:10 AM   #2
Shawnee123
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But but...I thought you guys liked each other in this thread.
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Old 06-11-2008, 10:37 AM   #3
Radar
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I don't think we like each other in any thread, though we occasionally agree on an issue or two. I'm sure even you and I agree on a few. I tend to have points of disagreement or agreement with people at different times, though it seems more of the prior than the latter.
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Old 06-11-2008, 11:25 AM   #4
Shawnee123
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I do think there was one thing I agreed with you about; can't for the life of me think of what it was.
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Old 06-11-2008, 03:03 PM   #5
headsplice
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Here's a real-life question: since America has, for the past decade or so, meandered down a path of deregulation, and since Radar argues that deregulation is inherently good (I could be wrong, please feel free to correct me), why is that the United States is economically falling behind those countries who have more socialist-type governments, specifically the European Union?
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Old 06-11-2008, 03:27 PM   #6
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Regardless of which side of that argument you want to be on ten years is far too short to measure the true economic effect of policies. There is a considerable lag between cause and effect.
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Old 06-11-2008, 04:25 PM   #7
DanaC
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Quote:
Regardless of which side of that argument you want to be on ten years is far too short to measure the true economic effect of policies. There is a considerable lag between cause and effect.
I would agree with that. Historically speaking the time lapse between changes in real wages and corresponding societal changes (such as the effect on age at first marriage etc) is about 30 years.
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Old 06-11-2008, 04:38 PM   #8
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That may be true, but I would expect that the lag between deregulation and the resumption of activities that instigated regulation in the first place is not very long at all.
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Old 06-11-2008, 04:45 PM   #9
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America has not been deregulating. It has been re-regulating. De-regulation means not regulated by the government. Some people stupidly claim that we had rolling blackouts in California or suggest the Enron scandal happened due to deregulation in the power industry. Nothing could be further from the truth.

If we had truly de-regulated the power industry consumers could choose who they bought their power from in the same way they choose who they buy their long distance from. I'll admit the phone companies are still regulated, but not to the degree they were before Bell split up.

If consumers could pick who they purchased power from, we'd never have a single blackout, and our service would greatly improve. When you compare laser eye surgery to the rest of medicine in America you see a stark contrast. Due to a high amount of regulation in the insurance and medical industries, the prices are higher and the quality of service sucks.

Compare that to laser eye surgery which is voluntary so it has almost no government regulations associated with it. Over the years laser eye surgery has gotten better and better and cheaper and cheaper.

The same is true of the computer business. It's largely unregulated.

True de-regulation is great. It means better products and services, and better prices, with more features, more competition in the marketplace, and more innovation. It's the reason a long distance phone call has greater quality with lower prices than we had 30 years ago. The same is true of computers. The same is true of laser eye surgery.

If power companies were truly de-regulated, ANYONE could get into the power business, and consumers could choose who they bought their service from. Also, it would mean hemp was legal because it's the only currently available source of power that could make us 100% self-sufficient without the need of a single drop of foreign oil.
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Old 06-11-2008, 04:48 PM   #10
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I think what he's saying is competition without government intervention is a good thing. Can't say I disagree.
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Old 06-12-2008, 06:52 AM   #11
Undertoad
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"My mental model of X is that it's perfect! Therefore, if it's not working, the only possible conclusion is that it is NOT X."

This appears to be a basic logic error that appears in all humans.
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Old 06-12-2008, 11:09 AM   #12
TheMercenary
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Quote:
Originally Posted by Undertoad View Post
"My mental model of X is that it's perfect! Therefore, if it's not working, the only possible conclusion is that it is NOT X."

This appears to be a basic logic error that appears in all humans.
Radar says, "You must adhere to my doctrine! You must see things my way! I am correct! You are wrong! Hear me now!"
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Old 06-15-2008, 01:31 AM   #13
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Which doesn't stop him from being right about capitalism. It's based on mutually beneficial transaction.

As in any system, somebody can try cheating -- fraudulent transactions. The cheater might even manage to get away with it for quite some time if he hides cleverly and well. The more rigid the system, the better gaming it seems to pay off, if Communist Party apparatchiks are any example.
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Old 06-15-2008, 07:10 AM   #14
Undertoad
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If it's not perfect it must not be X.

50% inflation. Pyramid schemes. 1500 deaths. Bouncing currency values. Widespread destruction of property.

Mutually beneficial transaction. Very good, I read Friedman too. But in the case of a pyramid scheme, who mutually benefits?
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Old 06-16-2008, 12:39 AM   #15
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Which is why a pyramid scheme is outside the pale of proper capitalistic practice, just like any swindle.
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