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August 29 2019


well, i agree with her point that professional sports have pretty much nothing to do with free markets. "competition" means very different things in both cases.

in a free market, cometition would just mean that that multiple people offer/demand a comparable thing and are free to choose who they cooperate with. people would follow their own goals and and the goals they share with others.

in professinal sports, it is decided beforehand who you cooperate with and the goals are not your own. the winning condition and it's scarcity are entirely fictional, because it's all a game. it should have minimal consequences other than the enjoyment of participating or observing.

in fact, professional sports are incompatible with a free market, as long as there is tax money poured into them, thus making them less voluntary and probably causing overproduction.

it annoys me when commies claim market competition would be about creating arteficial rivalry, when really it's about maximizing genuine cooperation. and there you are comparing it to professional sports. :P

July 18 2019


the price expresses a point between high enough so you are willing to provide it and low enough for me to be willing to pay it.

are you generally more willing to do a thing that took less time to learn? i don't think that makes sense. that would mean you would be just as willing to do a low-skilled job for low pay as a high-skilled job for high pay.. like if your boss asked you to do his dishes instead of programming, and then pays you less, would you be okay with this?

of course neither the time spent doing a thing nor the time spent learning determine the value of some work. it's about what is the approriate unit to frame a labour contract in. and i don't think time spent learning has any place in that.

(generally speaking, learning should provide more value than the time and energy spent by learning. but again, i think that's besides the point.)

June 09 2019


November 28 2012


The Calculus of Consent

foundational book about public choice theory (political economics, basically) that an old theologian recommended to me once..

(i would prefer it in an ebook format, tho)
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