| View single post by kurtwaters | |||||||||||||
| Posted: Mon Apr 15th, 2013 04:22 pm |
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kurtwaters
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wow! You drive me crazy is a figure of speech. I say it to my wife all the time when she does things differently sometimes. didn't realize it would set you off. or maybe it is some cumulative effect. america IS a corporation came from you... I even posted the very words you typed where you said so. America HAS a government. I thought I was being clever with the executive offices of a corporation analogy, from a literary standpoint. I thought you would like it. I thought I was writing what you wanted to hear. boy was I was wrong. As for the Menger quotes I don't know what to say. except i guess i need you to tell me in your own words what they mean. We saw that economic goods are goods whose available quantities are smaller than the requirements for them. Wealth can therefore also be defined as the entire sum of goods at an economizing individual’s command, the quantities of which are smaller than the requirements for them. Hence, if there were a society where all goods were available in amounts exceeding the requirements for them, there would be no economic goods nor any “wealth" I read these words and interpret them to mean if there existed more stuff than a society required for everything we required there would be no need for an economy or wealth. They wouldn't exist. Am I wrong? Joe's law states that if you have more power supplied than is needed the price of power goes down. An infinite supply of power and there wouldn't be a need for an economy or wealth. Are not these two concepts similar or am I that ignorant? I do not know how to express how truly lost I am right now. I feel like I worked all weekend long on a project for the teacher at school and I thought I was delivering exactly what he wanted and instead I am scolded and given a big red "F".
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