Wednesday, March 22, 2017

My Well-Being Depends On Artichokes!

Reply to reply: No Such Thing As A Free Lunch

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Thus the government may fund things that a business would never fund because it increases the well being of a population, even though it may represent an opportunity cost or seem like it has little utility to the opposition. - Northern Light

You expect congress to make public goods choices with due consideration for my well-being. My well-being? In the private sector I have to spend so much time and energy going around informing producers what works for my well-being. I shop and shop and shop. For example, I go to the store and buy some artichokes. In doing so I tell Frank the farmer, "Hey! You correctly guessed that my well-being depends on artichokes! Thanks! Good lookin' out! Here's some money! Keep up the good work!"

Yet here you are telling me that congress can somehow know what works for my well-being despite the fact that I've never once in my life shopped in the public sector. It boggles my mind. It blows my mind. It bears repeating with emphasis... congress can know what works for my well-being despite the fact that I've never once in my life shopped in the public sector. If you think that this is really true... then please... don't hide your insight under a bushel. Start a thread here, there and everywhere and say "Hey folks! Shopping is entirely redundant! It's entirely unnecessary for us to spend so much of our limited time and energy using our cash to communicate what works for our well-being."

Then again, it pays to double check. E-mail your representative and ask them what works for your well-being. If they say general things like food and defense are you going to be super impressed? Are you super impressed when a fortune teller makes "divinations" that are so vague and general that they pretty much apply to everyone?

The market is based on the premise that producers really aren't mind-readers. So in order for the well-being of the population to truly increase, there has to be constant monetary communication between consumers and producers. You gotta use your hard-earned money to specify exactly what works for your well-being. You gotta use your money to advocate for yourself. Because nobody knows you better than you do.

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