Viewing profile — jwallaceparker

> Live and let live means, in practice, let die. I don't follow your logic. The non-aggression principle is what's at the core of libertarianism. It's to never initiate violence ag…

Then I guess you won a lot of money betting that these would be the two locations. If not you missed out. Let me know who is going to win the Super Bowl!

> Not true. Jcrew Factory does $5 flat rate Sure, cool, but that helps my original point.

$50 minimum for free shipping from almost all major clothing retailers. and no returns after you've worn it.

What's an example of the former?

> Sowell's "Economics in One Lesson" "Economics in One Lesson" was written by Henry Hazlitt.

Yes, you would. But with your remaining time you'd build shelter or firewood, just not as much. The same principle applies. You still both improved your standard of living. The ext…

So you would really destroy the fishing rod in my original example?

lol you're trolling me, right?

The specific value of the subsidy is completely irrelevant to the analogy.

> Umm, I'm not sure you understood my point. I understand your point. I'm asking if you apply the same logic to all innovation. You are focusing solely on the displacement of taxi …

> Not sure it takes fewer drivers to satisfy the demands of customers. I mean this in the sense that any one taxi driver can satisfy more customers with the use of a ride-hailing a…

The analogy most certainly does not fail at closer inspection. Do you disavow all innovation? Does innovation render people who don't have degrees useless? Certainly not. Quite the…

You and a friend are stranded on an island. You both spend all your working hours catching fish by hand in order to eat. You use some leisure time to build a fishing rod, which ena…

Exactly! That's what I meant by NIRP (Negative Interest Rate Policy).

You may wish for that bulky wallet back after living in a world where cash is banned and NIRP is ubiquitous.

I think you're both right. Commodity money and fiat money are both forms of money. https://en.wikipedia.org/wiki/Money#Types But it's fairly simple to see which money holds its val…

> Money represents an obligation for society to provide you with something of value. What does that mean? > many things would work exactly the same if people agreed to pretend that…