2/ No, I understand diseconomies of scale, and I'm not arguing flatly in favor of oursourcing absolutely every aspect of our supply chain overseas. ...I'm just saying that I'd rather buy machine parts from MI or Germany than from the one guy in town.https://twitter.com/normonics/status/1326528225057628160 …
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3/ There are declining marginal improvements in cost as you increase the area you purchase from (adding a whole second Earth might decrease cost of wrenches by 3%), but the low hanging fruit is AMAZING. Buying wrenches from MI vs from in state is prob a 70% cost drop. >>>
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4/ Hiring the best relevant software engineer in the US vs the best one in a 30 minute drive is probably a 5x quality improvement. Etc. So restricting even 80% of purchases to w/i 100 or 500 miles would decrease quality of life for people by like 50%.
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5/ If you want to help the common man, you don't do it by keeping his salary flat and doubling the cost of every single thing he wants to buy. That's Wrath-of-Gnon style retardation.
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ⓘ Dogs don't have thumbs Retweeted Axel Mangelsdorf
6/ Same. I raise my own meat. ...but God help people if everyone had to do that, or buy meat raised within 50 or 100 miles.https://twitter.com/axelpopaxel/status/1326534687708250114 …
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ⓘ Dogs don't have thumbs Retweeted Joe Norman
7/ I don't claim them as "calculations", but as suggestive numbers. I continue to suggest that they are approximately correct. Economists have fairly well proven that prosperity correlates with size of a trade area, no? Happy to read dissenting datahttps://twitter.com/normonics/status/1326536352209330177 …
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ⓘ Dogs don't have thumbs Retweeted Joe Norman
8/ also - and I think that
@normonics gets this - he and I broadly agree that (a) trade is generally good, (b) in the extreme limit, it can cause dislocations, unemployment, and societal problems. We're quibbling about the location of the margin.https://twitter.com/normonics/status/1326537635251200000 …ⓘ Dogs don't have thumbs added,
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also worth noting the the variety of "stuff" is related to our consumerist culture which was the premise of the original tweet quoted.
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there's a real and valid criticism of consumerism. On the one hand, people like their disposable clothes and plastic toys and collectible bobble-head-crap ...but on the other, there is something lacking in virtue about all of that.
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