Liberal or Labor? (2 Viewers)

[Rothbard]

One would be a fool to think the reality ends in an economic model without assessing the externalities though. Economic models are inexact and imperfect. I might pay $5 million to see a concert; the concert might through noise pollution make $1 million in damage, but this isn't factored into the price.

You're doing law so I'm sure you'd understand what a tort is...

 

[loquasagacious]

One would be a fool to think the reality ends in an economic model without assessing the externalities though. Economic models are inexact and imperfect. I might pay $5 million to see a concert; the concert might through noise pollution make $1 million in damage, but this isn't factored into the price.

It is if the stadiums neighbours have noise rights which the concert organisers have to buy..... this could be covered by the market in a variety of ways... torts for one...

EDIT: b10

 

[Lentern]

It is if the stadiums neighbours have noise rights which the concert organisers have to buy..... this could be covered by the market in a variety of ways... torts for one...

EDIT: b10

Woah! Torts, In your Utopia there is no legislature, there are no courts, there surely can be no tortuous law in a free world?

 

[Rothbard]

Woah! Torts, In your Utopia there is no legislature, there are no courts, there surely can be no tortuous law in a free world?

Are you actually taking the piss?

Or are you absolutely that retarded?

 

[Lentern]

Are you actually taking the piss?

Or are you absolutely that retarded?

When did you stop beating your wife sir?

 

[withoutaface]

Depends on the understanding of the hypothetical each of us is presenting. I assert this if rock music died today, for example. Anyhow, this wasn't what I originally argued. I didn't say rock music took away from medical research, I was saying that musicians didn't contribute as much for what they're worth as, say, medical researchers, because of externalities.

Then your argument is about relative wealth of musicians and doctors. Johnny Rebel down the road having a 3 storey mansion doesn't make my doctor's two storey house any less valuable, unless you believe that we should construct our economic system to massage people's egos/jealousy.

 

[Rothbard]

When did you stop beating your wife sir?

when you stopped fucking kids

(Hint: my wife is till terrified of me)

 

[SylviaB]

Are you actually taking the piss?

Or are you absolutely that retarded?

trollll

 

[absorber]

You're doing law so I'm sure you'd understand what a tort is...

And what if there's no-one that can bring an action against the musicians?

 

[Existential]

troll: "someone who provokes a response from the reader by containing errors."

 

[absorber]

Then your argument is about relative wealth of musicians and doctors. Johnny Rebel down the road having a 3 storey mansion doesn't make my doctor's two storey house any less valuable, unless you believe that we should construct our economic system to massage people's egos/jealousy.

What people value is not determined by what they will pay for something, and therefore people's incomes do not give a decent idea of the value of their contributions to a state. That is my argument, I'm not going to bother rebutting or going off on tangents any more.

 

[Rothbard]

And what if there's no-one that can bring an action against the musicians?

well then by gosh darmn lawdie everything we'll need to wrap them into a cannon and fire them into what we consider to be accurate

call the fabians because we've got us a roadblock!

 

[absorber]

well then by gosh darmn lawdie everything we'll need to wrap them into a cannon and fire them into what we consider to be accurate

call the fabians because we've got us a roadblock!

I like the way you ridicule a situation when you can't rebut an argument

 

[SylviaB]

What people value is not determined by what they will pay for something

???

 

[loquasagacious]

And what if there's no-one that can bring an action against the musicians?

That would imply that no one was adversely effected by the noise and no negative externality existed?

 

[Chemical Ali]

Johnny Rebel

ship those niggers back!

 

[absorber]

That would imply that no one was adversely effected by the noise and no negative externality existed?

People often are, but don't have the means to finance a huge action. Look at something like Exxon Valdez, proving that even if an action is initiated, success isn't guaranteed

 

[absorber]

???

Think outside of an economic model. The thinking in this thread is too narrow

 

[Rothbard]

They'd have to prove damages from the noise pollution...

Yet to see a stadium in a suburban area, though...

 

[Rothbard]

What people value is not determined by what they will pay for something, and therefore people's incomes do not give a decent idea of the value of their contributions to a state. That is my argument, I'm not going to bother rebutting or going off on tangents any more.

So you're not going to justify your argument at all but just state your idiotic axioms and then when criticised in an economic scope, you'll whinge and scream that it's about 'the vibe'?