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by xapata 2930 days ago
> no way to put a number on how much you want something

Counter-example: I do it all the time. Ever heard of "revealed preference"? Sure there are weird human things like preferring A to B, B to C, and C to A, but I'm OK with a map not being the territory.

> a plan for forcefully intervening in an economy

All government choices are forceful interventions, whether a choice to act or not act.
1 comments
alter_eco123 2929 days ago
>> no way to put a number on how much you want something

> Counter-example: I do it all the time.

No you don't. I mean, sure you can pull numbers out of your ass and pretend to calculate something based on them.

Or you can even explicitly set out to calculate garbage results with garbage inputs, if you insist.

But you're not putting accurate numbers on how much anyone wants anything, because it's all subjective.

> All government choices are forceful interventions, whether a choice to act or not act.

Indeed. That's how ruling over subjects works. I can't parse the latter part though, but whatever.

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xapata 2929 days ago
I can estimate the amount of money I'm willing to pay for something. I can observe some evidence of what other people are willing to pay and from that proxy make an estimate.

If that's pulling something out of my ass, well, I guess you're not a fan of statistics or the scientific method? Oh, actually, I forgot that's a central tenet of the Austrian School -- science is bogus when contradicted by philosophy.

> can't parse the latter part

If a government creates money, then it must have a monetary policy. Do you think government-backed money is not "for the greater good"?

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alter_eco123 2929 days ago
Do you think ruling over subjects is done to benefit the subjects?

Do you think 2% is a good rate for you to be losing your savings' purchasing power? How fast would you like gangrene to spread through your body?

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xapata 2929 days ago
I'm not a fan of anarchy. Which is what you're advocating now.

> 2%

The correct rate varies according to the behavior of the economy.

> gangrene

What a strange and shifting conversation.

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