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  • Let Them Eat Fries: The Solution is Always the Same

    Fast food should be taxed just enough to pay for the problems it causes, as should everything else. We shouldn't be encouraging or discouraging anyone from behaviors we believe to be morally repugnant. Instead, we should only be de-externalizing costs that parties to a transaction bear upon others.We should structure our society for maximal ...
    Posted to The Big Money by einnocent on October 7, 2009

  • Boomers Smoking

    I agree with the Dr.'s post previous to mine. I believe that each of us has a right to do what we think is best for us. I believe marijuana has many medicinal uses and that this slight risk is less than most presciption medications on the market. Look at the side effects of some of these meds and tell me would you rather take them or smoke ...
    Posted to Science by Conita1 on September 28, 2009

  • Re: Forget morality

    What do you do to people who do more than one ''hazardous activity'' Suppose they bike and rock climb? Do they incur a 32.5% surcharge? Clearly I don't have the numbers on hand. They would likely pay the expected value of the cost of their treatment (avg. cost of treatment times probability of needing it) for as long as they engage in the ...
    Posted to Science by einnocent on September 23, 2009

  • Forget morality

    Forget morality. People should live the way they want to live, even if their brains get re-wired in the process. My only concern is that the obese incur higher medical costs which are then borne by the general population. Their externalization of transaction costs infringes on the freedoms of the rest of us. Thus, the cost should be ...
    Posted to Science by einnocent on September 22, 2009

  • Self Destructing Economically

    Because we're doing a great job self-destructing economically. Who needs to duplicate efforts?
    Posted to Recycled by E.L. Beck on September 11, 2009

  • Re: Fleeing Millionaires

    No, you have it wrong, Fella. When we have a Fiscal Crisis, it is because the Banks, the Elites, and their bought and paid for, 24 hour Media Saturation and Pollution of the Democratic Debate Field, have so ruined the Culture and the Country and the Economy, as to affect the employability and opportunity of Middle Class and Working Class guys like ...
    Posted to Moneybox by MichaelBernard4 on July 25, 2009

  • Re: Touching on it but still missing the bigger point

    Actualy the Chinese one child policy isnt as stupid as 4-2-1 its actualy 4-2-2 since children who are single kids are entitled to one whole kid each (ie when two marry they get 2 kids) making it self sustaining in addition ethnic minorities are not bound by the one child rule, and its not as well enforced aas the horror stories might have you ...
    Posted to Moneybox by Rlloyd on July 21, 2009

  • An objection: Rationality does not imply everything is OK.

    An argument which comes up in this podcast, and which seems to come up repeatedly in criticisms of economics, is that the assumption of rationality implies that everything ''will work out okay''. This is incorrect, and whenever I hear someone say it--including Justin Fox at the beginning of this podcast--it makes me question whether they are ...
    Posted to Moneybox by Mike Hammock on June 18, 2009

  • Health care costrs rising

    Pretty obvious why both can be true. People who are in private insurance and go to the low cost public plan, prior to enactment of Obama's health care plan, were costing the government $0. On top of that, if the people were in a less generous plan with regards to copays, or had no insurance, then suddenly they are spending other people's money, ...
    Posted to Kausfiles by MikeNn on June 15, 2009

  • Holy Shoddy Reporting

    Where does one begin? The most prevalent criticism of Obama's high-speed rail plan focuses on its cost to taxpayers. But what about its cost to riders? I've quoted the above--instead of the entire chunk of the article dealing with cost--because it so succinctly illustrates the ignorance that most laypersons display when discussing ...
    Posted to Politics by nordr on April 17, 2009
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