Oct. 10th,2016: Tyranny of Taxation
Paul Joseph Nels Dudley
11

Why not pragmatarianism? See… there are two things…

  1. valuation
  2. allocation

I liked your story so I recommended it. I positively value your story. But how much money did I spend on your story? I spent $0 dollars. Therefore…

valuation > allocation

valuation — allocation = consumer surplus

Economists largely consider consumer surplus to be a good thing. However, economists also consider theft to be a bad thing. But what’s theft? Theft is a lot of consumer surplus. So why is it a bad thing?

Well… if everybody stole from each other then the incentive to produce would vanish.

So… what’s more important… consumer surplus…or the incentive to produce? Obviously the incentive to produce is more important. Therefore…

pragmatarianism > libertarianism

coasianism > democracy