Saturday Morning Breakfast Cereal by Zach Weinersmith for January 29, 2015
January 28, 2015
January 30, 2015
Transcript:
You may have three wishes. I wish for 10 billion tons of gold. It is done. The price of gold has collapsed. You now possess a mountain of worthless yellow metal. I wish prices weren't inversely related to supply. It is done. Price now scales with supply. Your gold is more expensive, but not nearly as expensive as common commodities like wheat and rice. Air now costs one hundred trillion dollars per breath. I wish I could afford to breathe. It is done. Everyone else will be dead within two minutes. Is there a moral to the story? Morality is an unnecessary hypothesis. Economic fables
Ida No almost 10 years ago
Mom: “Next up, how the huffing and puffing that brought down the pigs’ houses was the result of natural market forces, and not man-made.”
Stephen Gilberg almost 10 years ago
How can morality be a hypothesis? How would you test it, except insofar as it concerns a given individual?
Brass Orchid Premium Member almost 10 years ago
The wolf at the door was natural decline in value of consumable perishable commodities that required reducing production to match consumption while needing to increase production to make consumption affordable.