If A, then B, therefore food safety regulations can never be worthwhile policy. #AustrianEconomics
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@_Hurlock_
@Outsideness In utilitarianism applied across all society, which Austrianism presupposes. If a man is starving to death and in>1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@_Hurlock_
@Outsideness immense pain, and if you tax a billionaire $20 to buy him some food, the starving man's utility will be improved by>2 replies 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ How does public wealth transfer (taxation) suddenly become the most efficient mechanism for redistribution?1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @_Hurlock_ I'm not deducing this from first principles; I'm looking at data on how policies have affected poverty in the US.>2 replies 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @_Hurlock_ Not an Austrian method. You can't abjure methodological individualism and expect your 'utility' to translate.1 reply 0 retweets 0 likes
@ProfessorZaius @_Hurlock_ 'Utilities' don't aggregate. That's what subjective value means. The only 'translations' are trades.
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