Magic Bible Arts – Extrait 16
one value of human. one thing right coming from that, yes we are egoist, and will still try to satisfy yourself needs demands and wants before thinking of sharing and all the other. So at least I agree partially with one. 5) Trade can make everyone better off. identify the weakness of the sentence "can" or "can not", "everyone" or some "individual", better off or worst off, the statistics of statement of the sentence doesnt t say anything about it, so yes trade is making some better off. 6) Markets are usually a good way to organize economic activity. If economic activity was ruling it all, and covering every aspect of everyone possible activities. Perhaps, but the scope of economics is slightly limited thinking they can explain it all, hence putting a statement validating their existence. 7) Governments can sometimes improve market outcomes. Ok must be American, and ignore some of the alternatives existing to a fully capitalistic world ruling it all on value, and quantified variables. Quite strange to see this sentence and compare it to statement five. Here it s sometimes while before it was more probability when reading the sentence it will make everybody better off. Yes, governments are there to identify and service the basic needs of the population and ensuring the way forward is enlightened with some guidances and morale ethics. At least, we've seen so far that governments have always been to the rescue of economics when sliding off track. Hence yet, the market has to pay for this safety net, and the beautiful justification of tax. 8) A country's standard of living depends on its ability to produce goods and services. For countries with more than four hundred years of history, a country's standard is depending of a lot of alternatives. Because market is the dominating way we are forced to believe in, one of these alternatives is from the production of goods and services, but I would go a step further and state that a country's standard depends on how the country managing the exchange of different things (not only of goods and services, which are still a useful liaising agent). I would put their culture, values coming from immigration, exportation of working models and emigration, literature, and globally yes a two-way relationship which is too often ignored due to the difference in leverage of power during negotiation between two countries. Quantifying will always put one better off than the other in this deal. 9) Price rises when governments print too much money. Ok causal statement here, why do governments print too much money. Because there will still be an imbalance between one country and the others, and we are trying to cope with this imbalance by adding a quantified value in it. No I strongly disagree with the way this statement is made, if you want to make the government as scapegoat, you are doing it well, but I do not find that objective at all. 10) Society faces as short-run trade-off between inflation and unemployment. Ok it was here a nice marketing move to introduce the Philips curve. It is only coming from basic observation of what s going around. You introduced money as an agent you find useful, yes of course, if everybody working, the growth implied will create inflation, and yes of course a recession will put people out in the street. I will add another one though: 11) People cannot rely on themselves, Trust is part of the trade-off. And if reaching this stage after agreeing to all the previous statements, youve lost trust in the trade-off. The most basic fundamental right is subject to quantification from some pseudo scientists who invented a science for their own purposes and sense of achievements. I do agree on the basic most fundamental underlying basic of this kind of economics: capitalism is based on creative destruction. Still at
⬅️ Extrait prĂ©cĂ©dent | Extrait suivant ➡️
đź”– Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 16
