8/2/2006 11:40:25 PM
8/3/2006 12:46:40 AM
8/3/2006 1:30:31 AM
8/3/2006 8:04:19 AM
What are we worried about. Raul looks like a friendly enough socialist. He looks like he'll apply the wonderful principles of communism fairly.
8/3/2006 10:52:00 AM
8/3/2006 1:45:13 PM
8/3/2006 2:28:59 PM
You know damned well I didn't ask you to prove whether or not economies of scale existed, but way to cut off a quote mid-sentence.Also, you scenario of wal-mart v. joes DOES imply that wal-mart is more efficient. That's the reason it puts joes out of business. Taking advantages of economies of scale IS efficiency you dumb fuck. If you pass on them whereas some other firm does not, you are the less efficient firm.
8/3/2006 2:42:45 PM
8/3/2006 5:28:05 PM
8/3/2006 6:42:31 PM
Assiming market equilibrium is enforced, one big firm is able to produce more goods at a lower cost to society.
8/3/2006 7:34:23 PM
Maybe I'm reading too much into your statement, but you make it sound bad that "one big firm is able to produce more goods at a lower cost to society."
8/3/2006 7:41:02 PM
That's not what I intended, bgmims has kind of spun the statement around a bit.I argue that one firm is the best at doing stuff, and I use wal-mart's success as an example. It should be obvious that we should take advantage of this, the only issue should be enforcing equilibrium.
8/3/2006 7:58:18 PM
If one firm should do it then one probably will eventually under a free-enterprise system. However, life isn't always simple, as Wal-Mart has learned from its utter failure to find any market penetration on any continent other than North America. Hell, Wal-Mart has completely abandoned both Korea and Germany, suffering massive losses as a result. As in any industry, local knowledge is key, and it is this knowledge that government has never been good at utilizing.
8/4/2006 12:23:25 AM
Peggy Noonan has a good idea...
8/4/2006 2:06:03 AM
8/4/2006 1:54:45 PM
8/4/2006 2:26:52 PM
so basically it sounds like the US made Russia keep up with us militarily and that led them to the poor house
8/4/2006 2:31:36 PM
8/4/2006 3:18:19 PM
8/4/2006 3:23:45 PM
not really, it's kind of different, back then it was a battle of superpowers, this is more of an example of a superpower spreading itself out thinwhat will probably happen should the US hit signifigant financial troubles (depending on our debt to china), is that we will just draw back a bit from world political involvementit would take a whole lot to cause us signifigant damage, and the only nation that could even possibly hurt us like that in the near future would be china, and they're both a far ways from it, and for now, fairly uninterested in doing it.
8/4/2006 3:46:33 PM
8/4/2006 4:32:09 PM