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by throwaway85825 4 days ago
That's all nonsense.

The market for anything isn't infinite. When S/D shifts the market price changes to reflect that. The price reflects the relative supply and demand. You seem to be operating under the delusion that prices must be fixed at where you desire them and that no market existing there is a failure. In fact the availability of goods and services in a market is a function of your willingness to pay a market price for them. If you don't objectively value such goods and services they won't exist for you. It's not the responsibility of everyone else to subsidize your lifestyle because you're not willing to pay market prices.

1 comments

You very clearly did not understand what I wrote, so let's simplify this further.

There is one guy alone on an island. There are two lighthouses on the island. Each lighthouse needs an operator to function. The guy operates one of the lighthouses. How much do wages need to rise to get both lighthouses operating at the same time?

None, without people to operate ships there's no need for a light house.

If you make up ridiculous hypotheticals you get ridiculous answers.

The scenario was not one person on earth, it was one person on an island. There are plenty of other people who could potentially immigrate to the island.

People also tend to give ridiculous answers when they're wrong.