OMNILIBRIUM
  Rational Discussion of Controversial Topics


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Xerographica 4 May 2015 06:31 PM
50%

It's a challenge to get out of the politics gutter? Not really. All you have to do is focus on economics. Can the optimal supply of threads be determined without knowing what the demand for threads is? If we can disregard the demand for threads... then can we also disregard the demand for fruit? If not, then why not?

Why do you think command economies tend to fail?

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Fwiffo 5 May 2015 02:02 AM
53%

Is the best counterargument determined by the highest price offered? When people trade stuff basing it on trades they consent to can be effective but consenting to what a good stance is usually not appropriate. It doesn't need to be made into an economy. Why do you think people place great value on free speech? It would be terrible if speech would not be free in sense that beer is not. If you are not entering the discussion to get viewpoints and arguments back as your reward you need to recheck your motivations.

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Xerographica 5 May 2015 08:59 AM
51%

Where did I say anything about pay-per-view? If this forum facilitated micropayments then every thread/post would be absolutely free to read. But if you read a thread/post that you positively valued... then you would use your pennies, or nickles, or dimes, or quarters to communicate your positive valuation to others.

If you allocated a quarter to a thread then you would say, "Hey everybody! I sacrificed a quarter to this thread because I perceive that it contains important, and relatively scarce, information! Please read it! And please produce more/better threads on this same topic!"

When you go to the store and buy some beer you say, "Hey everybody! I sacrificed some dollars to this variety of beer because I perceive that it's relatively scarce! Please produce even more/better beer!"

Are you going to spend more money on threads... or on beer? Does the answer even matter? Is it really important whether, from your perspective, a scarcity of better threads concerns you more than a scarcity of better beer does?

If producers were omniscient (and benevolent) then your valuations wouldn't be important. Producers would have the perfect incentive to supply the perfect amount of better beer and better threads. But guess what? Producers aren't omniscient. They can't put society's limited resources to their most valuable uses if you don't accurately communicate your valuations.

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Fwiffo 6 May 2015 02:02 AM
53%

You did not say anything about pay-per-view but there being a possibility that a post might generate revenue means that some people might skip posting a post that doesn't have that chance in favour of trying to write one that does have. There writing a "normal" post might aquire a opportunity cost.

Internet comments are not scarse. Theorethically economy is there to manage a scarcity that is hard to avoid. Also in an economy you want more of your preferences while in a discussion receiving things you didn't know that you wanted to receive is pretty common.

I see that you are a "market believer". It might make more sense and be more beneficial to try to have the pros and cons of turning everything into a market as an actual debate on proper section instead of burried in the forum comments section.

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