- 27 Mar 2020 04:33
#15078751
You miss the point. The business may be closed forever if they run out of capital. It is best to have a business employing people than the government handing out unemployment checks,
Please explain away.
Obviously you do not live in the USA. IN one week they did more testing that South Korea in two months. Granted the population of the USA is much larger so on a proportion basis SK did more.
Do you truly understand the meaning of this: "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest". Do you see why it is such a magnificent wealth producing engine?
How about this one? "From each according to his ability, to each according to his needs" Can you analyze that one too. Can you make a contrast between the two statements.
Pants-of-dog wrote:The government can give the money directly to the person through the employment insurance system, and simply pass a law saying that they have to be hired again when business restarts.
You miss the point. The business may be closed forever if they run out of capital. It is best to have a business employing people than the government handing out unemployment checks,
Do you know what information asymmetry is?
Please explain away.
Meanwhile, places with public healthcare have already started.
Obviously you do not live in the USA. IN one week they did more testing that South Korea in two months. Granted the population of the USA is much larger so on a proportion basis SK did more.
Do you truly understand the meaning of this: "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest". Do you see why it is such a magnificent wealth producing engine?
How about this one? "From each according to his ability, to each according to his needs" Can you analyze that one too. Can you make a contrast between the two statements.
Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
Adam Smith
Adam Smith