@david_kenneth_d @GabrielDuquette Here's what happens if you "compassionately" keep prices low: ppl keep overconsuming a limited resource.
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@St_Rev@GabrielDuquette eeeeeeee. I wish the merchants would just sell at 50 for a bit! I suppose Gabriel is right tho never this simple. -
@david_kenneth_d@GabrielDuquette Notice that effect of letting prices rise to natural level is it incentivizes the hell out of alternatives -
@St_Rev@GabrielDuquette Definitely. My only rub really is the initial problem of people starving to death. -
@david_kenneth_d@GabrielDuquette Not a problem in the economics. That's a problem in the reality. In your example ppl are dead already. -
@St_Rev@GabrielDuquette Is there really no solution of simply not quadrupling the prices for just a week until a orange tree is found? -
@david_kenneth_d@GabrielDuquette Letting prices rise increases probability of finding an orange tree. Suppressing them means more deaths. -
@St_Rev@GabrielDuquette What of just raising them to prices of 40, and then to 25 a week after?
End of conversation
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.