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Not that high of infinite demand?
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# ? Apr 10, 2015 02:00 |
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# ? May 28, 2024 10:42 |
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asdf32 posted:Yep low skilled workers are in high supply and comparatively not that high demand. Can't engage with the argument huh. Human beings are different from gallons of gas. These differences have implications. You do not want to think about these things.
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# ? Apr 10, 2015 02:03 |
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I thought you said demand was functionally infinite?
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# ? Apr 10, 2015 02:10 |
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How are humans different from gallons of gas I don't understand Here are the reasons the labor market works differently, your question is answered now Nope I already decided they're exactly the same so I don't have to engage with anything I don't like If the supply of workers is too great, why don't the sellers cut back on supply That means people die I don't understand why that's bad? VitalSigns fucked around with this message at 02:13 on Apr 10, 2015 |
# ? Apr 10, 2015 02:11 |
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paragon1 posted:I thought you said demand was functionally infinite? Infinity - 1 = Smaller Infinity DUHHHHHHH
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# ? Apr 10, 2015 02:17 |
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VitalSigns posted:Can't engage with the argument huh. Not as far as the market is concerned.
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# ? Apr 10, 2015 02:18 |
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asdf32 posted:Not as far as the market is concerned. I just described two ways in which they are different as far as the market is concerned and your reply is "nuh-uh"
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# ? Apr 10, 2015 02:19 |
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paragon1 posted:I thought you said demand was functionally infinite? Only if cost is zero. loving Statists with their minimum wage laws
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# ? Apr 10, 2015 02:21 |
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VitalSigns posted:I just described two ways in which they are different as far as the market is concerned and your reply is "nuh-uh" No you didn't. The market prices both goods and people low sometimes. The market kills both people and businesses somtetimes.
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# ? Apr 10, 2015 02:27 |
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His red text makes so much sense.
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# ? Apr 10, 2015 02:29 |
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-world "Hi honey, unemployment just exceeded 8%, I think it's time we liquidate a few unnecessary family members to save costs, we can rebuild grandma once the labor market picks up" "Let us consult the economic projections and outlook for the labor market 18 years hence to decide whether it's worth building a new labor supplier (I mean, child)." "Hmmm no one is buying my labor, better shut down the factory so I'm not spending money on food, shelter, and maintenance to continue being able to supply product that no one wants. Commence biological stasis in 3...2...1..." VitalSigns fucked around with this message at 02:52 on Apr 10, 2015 |
# ? Apr 10, 2015 02:31 |
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paragon1 posted:His red text makes so much sense. and it's coming from inside the thread
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# ? Apr 10, 2015 02:31 |
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asdf32 posted:No you didn't. The market prices both goods and people low sometimes. The market kills both people and businesses somtetimes. You didn't engage with the argument. A business making profit on every gallon of gasoline wants to sell as much as people will buy at that price. If I charge more than they do they will happily steal my business and sell twice as much as before. A business profitably hiring a janitorial staff does not want to hire as many workers as are willing to sell at that price. If I pay less than they do, they will not hire twice as many employees as before. The 101st gallon of gasoline I sell makes me as much profit as the 10th or the 100th (more really, since the fixed costs make up a smaller percentage). The 101st janitor I hire to clean my tiny restaurant does not give me as much return as the 10th. But I think you're just trolling at this point since you just unironically made my parody post of "I don't understand why people dying is different from closing a store?" VitalSigns fucked around with this message at 02:52 on Apr 10, 2015 |
# ? Apr 10, 2015 02:37 |
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VitalSigns posted:But I think you're just trolling at this point since you just unironically made my parody post of "I don't understand why people dying is different from closing a store?" whoa, really?
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# ? Apr 10, 2015 02:46 |
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VitalSigns posted:You didn't engage with the argument. You're mixing up buying and selling.
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# ? Apr 10, 2015 02:52 |
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asdf32 posted:You're mixing up buying and selling. Feel free to explain how that's wrong rather than just stamping your feet and saying "nuh-uh" for the billionth time E: But only do it if you're going to use the real economic definitions of terms like supply and demand, and not your vague useless idiosyncratic definitions VitalSigns fucked around with this message at 02:59 on Apr 10, 2015 |
# ? Apr 10, 2015 02:54 |
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asdf32 posted:You're mixing up buying and selling. guess what they do with the gasoline before they sell it??????
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# ? Apr 10, 2015 03:05 |
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Muscle Tracer posted:guess what they do with the gasoline before they sell it?????? I don't know about you, but I only buy exactly as many minutes of life from my Creator God as I project I can profitably sell on the labor market. If you don't do this you're bad at business, no wonder you're starving in a gutter.
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# ? Apr 10, 2015 03:12 |
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VitalSigns posted:Feel free to explain how that's wrong rather than just stamping your feet and saying "nuh-uh" for the billionth time You were trying to tell a story where labor was different than goods. You told a story where buying was different than selling instead. The gas station as a labor buyer is nearly identical to you as a gas buyer.
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# ? Apr 10, 2015 03:19 |
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VitalSigns posted:I don't know about you, but I only buy exactly as many minutes of life from my Creator God as I project I can profitably sell on the labor market. An interesting point... are the old and infirm committing aggression upon their fellow citizens by not committing suicide at the end of their productive years of labor and choosing instead to be nothing but a drain on their family and surrounding society?
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# ? Apr 10, 2015 03:19 |
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asdf32 posted:You were trying to tell a story where labor was different than goods. You told a story where buying was different than selling instead. Sixty posts while I was at work. Jrod have you come ba... oh, its just you again. God I loving hate you asdf32.
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# ? Apr 10, 2015 03:25 |
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Bel Shazar posted:An interesting point... are the old and infirm committing aggression upon their fellow citizens by not committing suicide at the end of their productive years of labor and choosing instead to be nothing but a drain on their family and surrounding society? This seems like a really good question to ask some hardcore libertarian communities if you could keep them from smelling the bait.
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# ? Apr 10, 2015 03:29 |
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Voyager I posted:This seems like a really good question to ask some hardcore libertarian communities if you could keep them from smelling the bait. I have no poker face :/ e: Besides, I'm sure the answer would be "They won't be a drain on their societies because they will only receive willing charity from their family or community or they will die in a ditch. In either case, no aggression."
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# ? Apr 10, 2015 03:35 |
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This thread used to have a bright future. Now it just lurches aimlessly ever forward, zombie-like in its disregard for its own well-being. Without Jrod, we are nothing.
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# ? Apr 10, 2015 03:40 |
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I refuse to submit to this false dichotomy. This thread can have value outside making fun of jrod. I just haven't figured out how yet.
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# ? Apr 10, 2015 03:42 |
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paragon1 posted:I refuse to submit to this false dichotomy. This thread can have value outside making fun of jrod. There is certainly infinite demand for it.
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# ? Apr 10, 2015 03:47 |
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We can ignore ASDF32's insane views on the world and general inability to have a coherent conversation, and talk about Rand Paul, the man who will shush his way to victory!
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# ? Apr 10, 2015 03:47 |
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Cemetry Gator posted:We can ignore ASDF32's insane views on the world and general inability to have a coherent conversation, and talk about Rand Paul, the man who will shush his way to victory! I've been working all week and I feel so goddamned behind. Seven pound babies, being aborted at full term, yelling at reporters for asking him basic questions about how he keeps flip flopping. I am a bad goon.
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# ? Apr 10, 2015 03:48 |
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There are no bad or good goons. Just goons.
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# ? Apr 10, 2015 03:55 |
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asdf32 posted:You were trying to tell a story where labor was different than goods. You told a story where buying was different than selling instead. Okay follow that logic. What's the ration of gas buyers to gas sellers? loving huge, right? Now what's the ratio of labor buyers to labor sellers? Hm, it seems these markets are different, aren't they. Almost like I as a gas buyer don't have the ability to set prices but buyers of unskilled labor do...what's the word for that? VitalSigns fucked around with this message at 04:09 on Apr 10, 2015 |
# ? Apr 10, 2015 03:59 |
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Caros posted:Sixty posts while I was at work. Jrod have you come ba... oh, its just you again. God I loving hate you asdf32. Nolanar posted:I'll delve into the depths for you. I mean, context is everything, sure, but the context of early Taoism was basically "like Game of Thrones but with more psychopaths". It's not I thought it was funny that Rothbard used Wade-Giles 'Ssu-ma Ch'ien' instead of Pinyin 'Sima Qian'. It's kinda old fashioned, but legit, it's just that I can totally see him picking it because "gently caress that commie Pinyin bullshit", like Taiwan does. Sima Qian is probably justified in disliking of the State, since the State cut off his balls. I should do an effortpost on this sometime...later. The article is an excerpt from Austrian Perspective on Economic History. I wonder if jrodefeld has a copy, and if it covers the subject in more detail, with sources?
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# ? Apr 10, 2015 04:07 |
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VitalSigns posted:Okay follow that logic. What's the ration of gas buyers to gas sellers? loving huge, right? asdf32 fucked around with this message at 04:20 on Apr 10, 2015 |
# ? Apr 10, 2015 04:09 |
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asdf32 posted:Smaller. Which is the opposite of the point you wanted to make. Mmm. What's the word again for when there are few enough buyers of something that they have the market power to affect the price?
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# ? Apr 10, 2015 04:11 |
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VitalSigns posted:Mmm. Buddy there are more employers than gas sellers. IE there is more competition among employers than gas stations.
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# ? Apr 10, 2015 04:15 |
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asdf32 posted:Buddy there are more employers than gas sellers. IE there is more competition among employers than gas stations. Okay I guess you won't mind expanding this thought experiment to correspondingly include all low-wage unskilled laborers instead of just gas attendants.
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# ? Apr 10, 2015 04:20 |
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asdf32 posted:Buddy there are more employers than gas sellers. IE there is more competition among employers than gas stations. Nope buying and selling are different. You just loving acknowledged this and now you're pretending they're the same to avoid engaging the argument.
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# ? Apr 10, 2015 04:23 |
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Hmm...there's a message in my late night snack. It says "Ignore asdf32" Neat!
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# ? Apr 10, 2015 04:25 |
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Rockopolis posted:I should do an effortpost on this sometime...later. I think I speak for everyone in the thread when I ask you to do this sooner rather than later. Who knows how long jrod will be gone? Someone needs to save this thread from asdf.
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# ? Apr 10, 2015 05:21 |
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Rockopolis posted:Don't fear, a different shitposter is here to save the day. While an effort post on what you just said would be really awesome, I'd accept anything even if it's just you turning this thread into a photoblog of your bowl movements. Because watching people talk at ASDF is tedious as gently caress.
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# ? Apr 10, 2015 05:31 |
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# ? May 28, 2024 10:42 |
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paragon1 posted:Hmm...there's a message in my late night snack. wouldn't it be great if ignore extended to folks quoting the ignoree?
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# ? Apr 10, 2015 06:21 |