In the Free Market, many claim that their wouldn’t be enough schools or roads. Refute this Statement.

Aww come on. That’s a cop out. All he has to do is admit poor wording on his part and then come back with: “Okay smartypants. How would a completely free market provide enough schools and roads (and maintenence thereof) to maintain and/or grow beyond the standard of living we have now?” Then where …

And how do we quantify standard of living?

Wheylous, John James, you guys are probably the only two quality posters left on the forums (sorry Conza), don’t start trolling each other.

It’s fruitless to look at aggregate demand, for roads or for anything else. What we should ask is ‘John’ getting enough roads or schools. Well on the market John has an option, if he wants better education for his kids he can buy it by sacrificing something else or working longer or harder or more p…

How would a completely free market provide enough X* (and maintanance thereof) to maintain and/or grow beyond the standard of living we have now? *X = {bread, lollipops, pink Ferraris}

That claim will typically rest on welfare analysis, which is fundamentally flawed, even on it’s own terms. It rests upon cardinal (quantifiable) utility. It then uses it’s ‘utils’ to make inter-personal comparisons of utility. Even if we accept both of these premises, which Austrians don’t, it do…

How would a completely free market provide enough X* (and maintanance thereof) to maintain and/or grow beyond the standard of living we have now? *X = {bread, lollipops, pink Ferraris} John James as the statist: “Exactly. How would this ‘free market’ you love so much and seem to think is the an…

Who do you think provides bread, lollipops, and pink Ferraris now?

How do you think all the ingredients for the bread, lollipops, and pink Ferraris get from point A to point B? The “invisible hand” of the magical free market just teleports them to the factories and then to the stores?

Is it the Government Job to create Infrastructure?

Economics Economics Questions

John_James April 15, 2012, 11:30am 13

John James as the statist:

“Exactly. How would this ‘free market’ you love so much and seem to think is the answer to everything provide enough of anything to maintain the standard of living we have now? You’re making my whole point for me.”

Debate Class

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Is it the Government Job to create Infrastructure?

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