My Contribution to Economics [Note: Immature]

The marginal utility of alcohol:

A post after my own heart

Do you have empirical data to back this up, or are you claiming to know a priori that the increasing marginal utility of alcohol consumption lessens as you approach blacking out?

Either way: Instant Mises Daily article.

How about submitting it to http://graphjam.com/ ? I’m sure they’d be interested in such work.

Unfortunately, as a one-time fraternity brother I can only claim to be an alcohol-positivist.

my only critism, is that at posioning, (delta)utility must be negative, not 0- mix of total vs (delta)- see, something AP econ [non-austrian] was useful

“Unfortunately, as a one-time fraternity brother I can only claim to be an alcohol-positivist.”

So tell me, what policy do you promote in regards to the binge/bust cycle?

Better than that Phillips’s curve

Yea, you’re right. At the point of death the marginal utility would be zero, since you’re dead and so marginal utility doesn’t really apply to you anymore, but between blacking out and death the marginal utility of alcohol should be negative.

I am an alcohol-capitalist, and as such I believe in self-regulation. :wink: :stuck_out_tongue:

Best utility curve I’ve ever seen!