In response to:

Good Economists

Stan330 Wrote: Apr 18, 2012 10:06 AM
Along the lines of Dr. Williams excellent explanation of "harm", my personal fingernails-on-the-chalkboard buzzword os "compassion." I wish someone who believes it is "compassionate" for the government to give something to a designated victim would explain exactly what emotion is exhibited toward the person from whom the money was forcibly taken....Dispassion? Indifference? Antipathy? Disrespect? Contempt? Hey, it’s the same money. If it represents compassion to its receiver it must represent something else to its provider.
Kirk92 Wrote: Apr 18, 2012 10:34 AM
Nice! What is "contempt", Alex.
Roberty Wrote: Apr 18, 2012 11:08 AM
But, then who would pay taxes?
David1334 Wrote: Apr 18, 2012 12:23 PM
No one. The Giv'Mint will simply print more money and the tax will be in the form of inflation.
Drik Wrote: Apr 18, 2012 1:09 PM
Jefferson said that the social contract included the right to nullify and to revolt.
Reginald10 Wrote: Apr 18, 2012 2:55 PM
Really? What paragraph or clause is that in? Where did I sign on, to be the breadwinner for a contemptuous oaf? Or for someone whose appetites require $3000 worth of contraceptives (which I get no benefit from)?

And if it's a "contract" where I have obligations to someone, what are their reciprocal obligations to me? A contract is a two-way street!
Kirk92 Wrote: Apr 18, 2012 10:34 AM
Nice! What is "contempt", Alex.
It's difficult to be a good economist and simultaneously be perceived as compassionate. To be a good economist, one has to deal with reality. To appear compassionate, often one has to avoid unpleasant questions, use "caring" terminology and view reality as optional.

Affordable housing and health care costs are terms with considerable emotional appeal that politicians exploit but have absolutely no useful meaning or analytical worth. For example, can anyone tell me in actual dollars and cents the price of an affordable car, house or myomectomy? It's probably more pleasant to pretend that there is universal agreement about what is or is...