tag:blogger.com,1999:blog-1428786213779428155.post7471514617148215713..comments2022-11-09T23:58:50.843-08:00Comments on Ten Mile Island: Economic Fun DamentalsTen Mile Islandhttp://www.blogger.com/profile/06030532586953950296noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1428786213779428155.post-43882704629797659592011-06-01T00:28:17.176-07:002011-06-01T00:28:17.176-07:00In this case, the common value is the number zero,...<i>In this case, the common value is the number zero, reflecting a commonly accepted truth, that if all things cost nothing, an infinite number of those things will be consumed; and consequently, at a price received of a producer of goods, the value of zero would result in nothing being produced.</i><br /><br />This somewhat reminds me of the first American experiment, which was essentially socialist, and resulted in nothing being produced. It was a disaster, of course, but it led to the introduction of capitalism.<br /><br />This is rather a wide-ranging discussion, as you bring up pot without reference to varietal potency, for example. It's one thing to compare apples to pears, but it tends to fall apart when comparing drugs. I'm pretty sure that a couple of quarts of Ripple don't equate to a few grams of pot, nor to a hit of acid.<br /><br />And then you get into the relative costs of getting laid. I've long maintained that anyone can do that. Hell, anyone can get married. It's just a question of how low or how high you choose to set your standards.<br /><br />Nice to see you back; your perspectives have been missed.MAX Redlinehttps://www.blogger.com/profile/12040240474444763721noreply@blogger.com