06-29-2007, 01:45 AM | #11 | |
Formerly known as MudPhudCoug
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Quote:
Too much freedom is also a bad thing (e.g. the roaring 20s and the great depression). |
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06-29-2007, 01:49 AM | #12 |
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I disagree. If you draw it out to its logical conclusion, you're talking about lowering the salary and standard of living for American workers.
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06-29-2007, 01:54 AM | #13 | |
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I guess most of my opinions re: free market come from Kearl's Econ 110 class, where we learned about how great that invisible hand thingie is. Speaking of which, I don't know which is more frightening--the idea of some disembodied, invisible hand controlling our markets and dictating significant portions of our lives, or the fear of getting called on in Kearl's class. He seemed to enjoy disembowling people in front of 700 of their peers. |
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06-29-2007, 01:56 AM | #14 |
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Also, I think social safety nets such as social security, medicare, welfare, and unemployment insurance act as automatic stabilizers of the economy during recessions.
None of this existed prior to the Great Depression, of course. This is an example of government involvement that may seem inefficient and silly during times of plenty. However, I think these programs also help keep lots of people afloat during hard times, thereby preventing the pessimism and downward spiral that can lead to more prolonged and severe recessions. Last edited by SoonerCoug; 06-29-2007 at 02:01 AM. |
06-29-2007, 01:57 AM | #15 |
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And when our kids get cut from the football team, let's go yell at the principal and MAKE him/her force the coach to put our kids on the squad. The win/loss record for the team be damned, our kids should be on the team!
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06-29-2007, 01:58 AM | #16 |
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...because high school football teams are a microcosm of the free market...?
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06-29-2007, 02:01 AM | #17 |
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06-29-2007, 02:02 AM | #18 |
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06-29-2007, 02:05 AM | #19 | ||
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"Mary had a little lamb and when it became sicken She sent it down to Packingtown and now it's labeled "chicken." " Quote:
You don't send your team onto the field naked if the opponents wear pads and helmets. |
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06-29-2007, 02:06 AM | #20 |
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Fair enough. I just thought that there was a correlation there. In both situations, our emotions (emotions arent bad) tempt us to give or do something for someone in order to provide rewards that they would have otherwise been able to obtain for themselves had they been sufficiently skilled or competitive in the first place. But because they weren't sufficiently skilled or competitive, the end result is the team/community/society as a whole is probably worse off. Is that way off base?
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