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Comment Re:Irresponsible (Score 2) 354

Of course every state "accepts some limitations" on weapons -- armed people are a threat to tyrannical governments and states in general, and this fact is entirely a result of one's self-preservation, whether good or not. (And a tyrannical government is most certainly not good.)

We won the American Revolution because the general population was armed as well as or better than the British military. The Second Amendment isn't there for hunting, it exists explicitly to protect your right to shoot at the government.

Suddenly, you logical extreme doesn't sound so illogical. (And it was always sounded logical, perhaps you mean "reasonable"?) Most people don't have nuclear weapons because they're nearly impossible to manufacture. But suppose you could 3D print a bomb or machine gun, mass killings are virtually always a losing proposition for organized crime - instead, it's typically a sole actor or very small group. These people are going to cause chaos with whatever they can get their hands on, laws be damned. Are we going to ban kitchen knives and fertilizer too, now?

Comment Re:Even higher! (Score 1) 1040

Well then answer my question: Where is the "correct" number?

None of these politicians even bothered to ask an economist. There is no correct number, they would say. The city council picked a number out of thin air that would get them political support, but not so high that there would be rioting from businesses (though that comes awfully darn close).

Comment Re:In addition to rolling out... (Score 1) 129

The parent was suggesting that Cox could just eat the costs because they profit elsewhere.

It's the same thing. You can't actually do that, because you're taking marginal losses. In socialism the phenomenon is well understood by economists, fewer people seem to understand it's relevance to massive corporations and that they can fail for the same reason. It's bad for the owning entity, and it's bad for the public at large because you're wasting scarce, valuable resources.

I didn't understand the "public ownership" part because that doesn't really make sense. And "public ownership" is something of a contradiction of terms within economics anyways.

Comment Re:In addition to rolling out... (Score 1) 129

There's this thing in economics called marginal profit. If the cost of deploying service to another customer would exceed the revenue, that means you're taking scarce, valuable resources, and making them less valuable. That's a bad thing.

A lack of price signals and economic calculation like this is why socialism and communism always, always fails. All "socialist" societies today have some form of price system for this reason.

Comment What are we worrying about? (Score 4, Interesting) 406

If DRM is really impossible to implement in F/OSS software, without closed source or the threat of political force... Then what's the worry?

It seems like the worst-case scenario is media providers get a false sense of security and start providing content without silly plugins that actually ARE closed and non-accessible (under the threat of legal action).

Comment Re:Oh please, Indeed. (Score 1) 331

By definition scarce means limited, and there is a limited amount of food, therefore food is scarce. The fact we throw some of it away is irrelevant - food that is thrown away is not food that most people want to consume, and so for our purposes isn't food at all. If food weren't scarce, we wouldn't have to pay money for it. Air would be an example of a good that's not scarce (unless you're, say, underwater). Certain "Free" newspapers may or may not be scarce, depending on who you are.

A "need" is typically an informal term meaning the highest-ranked want at any given time. I eventually will "need" food, though right now I do not need food, since I just ate.

Even in the layman's terms, "need" is generally conditional. "IF I am going to get this job, I need to do an interview" or "IF I am going to live for another year, I need to eat/get an operation/etc". So we still need to think in terms of cost/benefit, even if that benefit is extending one's life by some period of time.

If housing prices were significantly lower, there would be a shortage - more people trying to buy than willing to sell. Observe: rent-controlled apartments. And if houses were free, most certainly I would get one... but who's taking on the cost of building it? In reality, there could not possibly be such a thing as a free house ("free" in econ terms), even low-cost or low-income housing would require paperwork, a lottery, or other non-monetary costs on my part. But they are still costs for the sake of our supply and demand curve.

What do you mean by greed? Taking other people's things by force is never appropriate, but that is not greed, that's theft. Getting an idea for something, and taking time to acquire it, build it, or trade for it, is very much good. My "greed" for more free time combined leads me to hiring a landscaper. And so on.

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