"Now, one day, a guy from the hunter tribe meets a guy from the gatherer tribe and together, they agreed to trade one of the hunter's excellent spears for one of the hunter-gatherer's top-notch baskets. They both go home, and the question now is, 'Which one of them is wealthier?' They both are, and that's the miracle. They both are returning with things that they, and their tribe, prize more highly than what they gave away simply because they are harder to obtain. They're rarer."
and
"It is non-coercive. Both parties only get wealthier when both parties willingly trade what they have for what they want."
and
" ... whenever two parties make a free-will trade ... even three dollars and fifty cents for a Happy Meal, both sides benefit, because the customer would rather have the hamburger and McDonalds would rather have the three-fifty."
I tried and tried and tried to explain this concept to Marxadopia. He either could not understand it, or he would not accept it, or both. It's truth is self-evident, as Bill explained so eloquently: "Now, if wealth is limited, where did all this stuff come from?"
I consider this guy to be a national treasure. I wonder if there is a way to forward these series of videos to the Republican National Committee. It would be best if the right were to get on the same page before trying to convince the left of how far off base they really are!
He's a national treasure -- but we do not, in fact, produce the iPhone here. It's assembled in Red China. Looks like parts are otherwise from Taiwan, Singapore and touchscreen and WiFi modules from the States.
The miracle of free trade doesn't work when one of the traders is a coercive, unfree society out to create dependancy.
Note:
All avatars and any images or other media embedded in comments were hosted on the JS-Kit website and have been lost;
references to haloscan comments have been partially automatically remapped, but accuracy is not guaranteed and corrections are solicited.
If you notice any problems with this page or wish to have your home page link updated, please contact John Hardin <jhardin@impsec.org>
JS-Kit/Echo comments for article at http://smallestminority.blogspot.com/2010/10/bill-whittle-what-we-believe-part-iii.html (5 comments)
Tentative mapping of comments to original article, corrections solicited.
Another out of the park home run from Bill Whittle!
"Now, one day, a guy from the hunter tribe meets a guy from the gatherer tribe and together, they agreed to trade one of the hunter's excellent spears for one of the hunter-gatherer's top-notch baskets. They both go home, and the question now is, 'Which one of them is wealthier?' They both are, and that's the miracle. They both are returning with things that they, and their tribe, prize more highly than what they gave away simply because they are harder to obtain. They're rarer."
and
"It is non-coercive. Both parties only get wealthier when both parties willingly trade what they have for what they want."
and
" ... whenever two parties make a free-will trade ... even three dollars and fifty cents for a Happy Meal, both sides benefit, because the customer would rather have the hamburger and McDonalds would rather have the three-fifty."
I tried and tried and tried to explain this concept to Marxadopia. He either could not understand it, or he would not accept it, or both. It's truth is self-evident, as Bill explained so eloquently: "Now, if wealth is limited, where did all this stuff come from?"
Best thing I've seen in quite some time.
I consider this guy to be a national treasure. I wonder if there is a way to forward these series of videos to the Republican National Committee. It would be best if the right were to get on the same page before trying to convince the left of how far off base they really are!
He's a national treasure -- but we do not, in fact, produce the iPhone here. It's assembled in Red China. Looks like parts are otherwise from Taiwan, Singapore and touchscreen and WiFi modules from the States.
The miracle of free trade doesn't work when one of the traders is a coercive, unfree society out to create dependancy.
Note: All avatars and any images or other media embedded in comments were hosted on the JS-Kit website and have been lost; references to haloscan comments have been partially automatically remapped, but accuracy is not guaranteed and corrections are solicited.
If you notice any problems with this page or wish to have your home page link updated, please contact John Hardin <jhardin@impsec.org>