FFS ER I have made it abundantly clear that economics is about human activity. S&D as it relates to humans is all about behavior and its results.
And you are mixing up values with economic theory. Economists will almost universally agree that, for instance, raising the minimum wage will increase unemployment for low wage workers. Where they disagree is on whether the benefits to those making more outweighs the loss of jobs at the margins. It's a value judgement. They will all agree that deficit spending boosts economic demand in the short run. They disagree on whether that is a worthwhile policy in the longer run. Values, not economics, are the disagreements. That holds true whether the economist is an extreme free market libertarian economist or a hardcore marxist economist. Different economists disagree on values. Different economists disagree on how society should be organized. Different economists disagree on economic policy. Different economists DO NOT disagree on whether S&D exists.
I don't recall seeing RobVG's comment and I apologize to him for it. It seems pretty obvious, there are companies that finance expansion with all of those things. Clearly a big factor would be tax laws in various states and localities that would influence how they finance business expansion. What's the point?
It is very clear it is I who has threatened your world view, that the entire global business community is based on evil greed and seeks to enrich itself by enslaving and stealing from the world. There are certainly a lot of bad eggs, but your views on this are quite extreme.
Current Events » in reply to Yes, but what you don't understand...
Sigh
The whole thread (33 posts)
- Whatever the market will bear
- Interesting, considering public demand for it is dropping...
- Price equilibrium.
- You're ignoring elasticity of demand. n/t
- De Beers
- You start off your post with a contradiction. The first two sentences.
- Price equilibrium.
- Interesting, considering public demand for it is dropping...
