If A, then B, therefore food safety regulations can never be worthwhile policy. #AustrianEconomics
-
-
@_Hurlock_ No, but they do say that the net effect of lives saved isn't worth the distortion caused. That's a moral judgment.
1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ Moral judgments are not extrinsic to utility schedules.1 reply 0 retweets 1 like -
Replying to @Outsideness
@Outsideness @_Hurlock_ Sure, but this doesn't decide the question of the moral value of redistribution. If anything, progressive taxes and>1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@Outsideness @_Hurlock_ redistribution should be expected to be welfare-improving because of diminishing marginal utility of money.1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ The move from 'redistribution' to 'public redistribution' has no theoretical basis, however.1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @_Hurlock_ What exactly do you mean by that?1 reply 0 retweets 0 likes
@ProfessorZaius @_Hurlock_ Plutocrats evidently build philanthropy into their utility schedules -- without government agency being invoked.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.