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Aug 12 2016 02:35pm
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Aug 12 2016 05:16pm
Quote (Lil_Gueto @ Aug 6 2016 09:32am)


http://millercenter.org/president/speeches/speech-4594

Its not the free market.

This post was edited by EndlessSky on Aug 12 2016 05:20pm
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Aug 12 2016 05:51pm
Quote (Skinned @ Aug 12 2016 05:05pm)


The cat in the void sounds like it could be good
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Aug 12 2016 10:46pm
Quote (NekoSama @ Aug 6 2016 08:39am)
Do understand how supply/demand works?


There's way more peopleless homes out there than homeless people. So I think you'll need to explain how it's a result of supply/demand.
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Aug 12 2016 10:50pm
Quote (jtf @ Aug 12 2016 10:46pm)
There's way more peopleless homes out there than homeless people. So I think you'll need to explain how it's a result of supply/demand.


Something I found interesting after learning behavioral psychology and economics is that "classic" economics is basically useless outside of a micro setting. You never have perfect information, supply/demand isn't strictly followed because of that, people don't make rational decisions, value is subjective, etc. etc.

I'm very interested in seeing where economics as a whole goes in the next 100 years as psychology gets its act together. I suspect there's not a good reason to separate economics from the social sciences, and that it really should just be a branch of social psychology.
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Aug 12 2016 10:51pm
Quote (Skinned @ 12 Aug 2016 12:35)


Lost it at mother goosetra
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Aug 13 2016 11:32am
Quote (jtf @ Aug 13 2016 04:46am)
There's way more peopleless homes out there than homeless people. So I think you'll need to explain how it's a result of supply/demand.


Assume you have a hundred one pound bricks of gold.

Would you give away the bricks just because some people cannot afford them.

Or would you expect cash equal to the market value of the gold?

The next question is - how is it your fault/problem that others lack the drive, will and cash to purchase your gold bricks.

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Aug 13 2016 11:35am
Quote (jtf @ Aug 13 2016 12:46am)
There's way more peopleless homes out there than homeless people. So I think you'll need to explain how it's a result of supply/demand.


Affirmative action housing loans that collapsed within 10 years.
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Aug 13 2016 06:03pm
Quote (NekoSama @ Aug 13 2016 12:32pm)
Assume you have a hundred one pound bricks of gold.

Would you give away the bricks just because some people cannot afford them.

Or would you expect cash equal to the market value of the gold?

The next question is - how is it your fault/problem that others lack the drive, will and cash to purchase your gold bricks.


What is the market value of gold if it's not the value at which you can sell all your gold?
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Aug 13 2016 06:15pm
Quote (EndlessSky @ Aug 13 2016 12:35pm)
Affirmative action housing loans that collapsed within 10 years.


Affordable housing is one of the things lacking in this country. People keep making housing developments for the middle and upper classes downtown, nobody is building low income stuff.
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