1/ wife & I talk about this a lot - government, in theory, solves coordination problems there are, in fact, some big ones out there - vaccines, roads, post offices. sure, I'm an ancap, and think that private firms COULD do much of this, but I admit that gov ALSO can do thesehttps://twitter.com/robinhanson/status/1198983313437782016 …
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4/ But the problem that develops is the same one that drug addicts experience - increasing the dose more and more, trying to get the same effect they achieved early on. The fist tiny dose D of cocaine achieves result R ; a year later a 5 x D dose achieves 0.5 x R.
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5/ ...and so we have communists pushing Obamacare and - when it does basically nothing good - they start to push medicare for all. Pretty soon you're injecting uncut socialism between your toes, chasing that first rural electrification hit. ...but you never recapture the high
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6/ TLDR: declining marginal utility is a bitch.
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