Tuesday, February 3, 2015

Louder

One of the main tenets of pragmatarianism is the idea that actions speak louder than words.  When people are given the opportunity to put their money where their mouth is, because of the opportunity costs they must consider, their answers/valuations become much more truthful/accurate.  This is a large part of the reason why it's such a good idea to allow taxpayers to choose where their taxes go.  If soliciting truthful/accurate answers about the preferences of consumers wasn't really that important, then socialism would be a perfectly viable economic system.  Rather than following the rule of garbage in, garbage out... command economies (our public sector) would follow the rule of garbage in, treasure out.

Because this tenet is so important to helping people understand why pragmatarianism is so important, for a while now I've been collecting relevant quotes and passages and storing them in a database.  I've shared some in various entries but decided to try consolidating all of them into a PDF file that everybody could have and share with others.

Here's the link...

Talk Is Cheap (last updated 3 Feb 2014)

It's a work in progress so feel free to point out errors or recommend additions that help convey the concept's relevance/significance to economics.  I plan on updating it on a semi-regular basis.

Finding relevant passages isn't the easiest thing because this fundamentally important concept doesn't have a name!  So rather than being able to search using a unique label... ie "pragmatarianism"... it's necessary to search using a description of the concept.  And there's around a gazillion different ways to describe this concept.  Therefore, if you're a wordsmith that agrees that this is a fundamentally important concept... then please allocate some of your creativity to coming up with a unique word for it.  If you do manage to do so then please share it in this reddit post... linvoid - talk is cheap.

See also: Concepts

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