Tag Archives: marginal cost

Common Collaboration

Resistance comes in the form of collective identity, which is exactly what capitalism wants to prevent but supports by means of its resistance. Economists like Lawrence Summers say that the competitive-market model has lost its utility. Economist, Jeremy Rifkin agrees … Continue reading

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What “The Takers” Take

The “makers” make a lot of money don’t they! The question is, do they make it or take it? So that the “takers” take more and consume the supply (so that demand meets supply, which is not, notice, “supply meets … Continue reading

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The Free Market (Whether You Like It Or Not)

Cost Control (Instead of Crowd Control) On Demand Kick the risk out the front door and it just comes in the back. Being sure each citizen has enough income to demand supply controls costs. Without subsidies, or price supports (like … Continue reading

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Making the Adjustment

Do you ever see a yield sign? What does it really mean? It’s all about taking risk and, reading the signs, about making it for yourself. “The risk” is not a subjective value. It is an objective, measurable (empirically valued) … Continue reading

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Assessing the Risk of Doing Harm

Attributive identity is all important when assessing the risk of doing harm. There is a whole lot of unhappiness (detriment) associated with the attainment of zero marginal cost. According to conservatives, economic fortune is an act of self-determination. If you … Continue reading

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Public Policy and Natural Existence

When reality yields unacceptable amounts of harm (whatever that is), that’s just the way it is…just accept it, the Objectivist says after TBTF banks are not allowed to fail because of unacceptable amounts of harm. Practitioners of the art and … Continue reading

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Scaling the Risk

Leading, mainstream economists are mulling over what scientists refer to as an emergent property. Capitalists, of course, want to control for naturally occurring emergent value. They “network the externalities” and build “economies of scale” to establish the control they want … Continue reading

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