furioustimemachinebarbarian reblogged this from jadagul and added: I know a lot of people who aren’t in your camp 1 and 2. A lot of people want to make a claim that markets are efficient...
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soundlogic2236 reblogged this from argumate and added: I think the formal definition looks something more like ‘the price is the cost of creation plus sometime something...
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jadagul reblogged this from nostalgebraist and added: I think this is missing the point of the (good version of the) pro-market argument. Which isn’t surprising, since most...
multiheaded1793 said:
certain libertarians would bite the bullet and say that service workers’ *preferences* really are worth $8/hour etc (you probably know how I’m tempted to respond) 
argumate reblogged this from nostalgebraist and added: you see this is why I don’t try and formalise my hunches: it’s so much work
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cptsdcarlosdevil said:
e.g. writers don’t make much because they are being paid in getting to be a writer cptsdcarlosdevil said:
of course the complication here is that some income differences can be modeled as people buying things 
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collapsedsquid said:
What I think that question leads to is ideas about a free pure market would distribute wealth so that wouldn’t happen 
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