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#42
12-22-2006, 06:49 PM
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Re: AC and Mortality
[ QUOTE ]
You must not live in a first world country, because the evidence is all over the place. Well then you should be able to provide me with dozens of examples, I'd imagine. [/ QUOTE ] Every market that is relatively free. 
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#44
12-22-2006, 06:55 PM
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Re: AC and Mortality
[ QUOTE ]
Every market that is relatively free. Should be really really easy then, I imagine. [/ QUOTE ] yeah, it is.
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#45
12-22-2006, 07:51 PM
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Re: AC and Mortality
Back to the original point rather than one line sniping that I can't even understand. Does anyone have a single example of an individual who basically ran his property into the ground so that it was valueless upon his death, rather than a continuing resource? Large scale, I mean, not 1 nutjob who burned down his own house or something. I can't think of one offhand. This alone is evidence that the vast majority of land owners are relatively good stewards, possessing time horizons beyond their own lifetimes. Of course, most major holdings today are by companies, not individuals. Companies are also immortal, but in an even better way than govt. If the president pays off current debts by mortgaging the future (as they all do), the voters may or may not decide to do something about it. As history as shown, they tend not to mind leaving trillions in debt to future generations. But companies that announce plans that will make them temporarily rich, in exchange for major losses way in the future, have their stock prices decline immediately. No one wants to own a stock that you know will one day be worthless (or at least, no one wants to be the one holding it when it drops), so the price goes down to reflect the difficulty in finding a willing buyer. Companies have an even better incentive than govt to preserve their property for future generations.
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#46
12-22-2006, 08:34 PM
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Re: AC and Mortality
Does anyone have a single example of an individual who basically ran his property into the ground so that it was valueless upon his death, rather than a continuing resource? Large scale, I mean, not 1 nutjob who burned down his own house or something. I can't think of one offhand. A single person, not offhand, but really that's largely a function of a single person never really owning enough of a resource to do so I suspect. Societies? Countless examples.
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#47
12-22-2006, 09:15 PM
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Re: AC and Mortality
[ QUOTE ]
Does anyone have a single example of an individual who basically ran his property into the ground so that it was valueless upon his death, rather than a continuing resource? Large scale, I mean, not 1 nutjob who burned down his own house or something. I can't think of one offhand. A single person, not offhand, but really that's largely a function of a single person never really owning enough of a resource to do so I suspect. Societies? Countless examples. [/ QUOTE ] Lol. I think you proved his point for him. Good job troll!
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#49
12-22-2006, 09:44 PM
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Re: AC and Mortality
[ QUOTE ]
[ QUOTE ] Does anyone have a single example of an individual who basically ran his property into the ground so that it was valueless upon his death, rather than a continuing resource? Large scale, I mean, not 1 nutjob who burned down his own house or something. I can't think of one offhand. A single person, not offhand, but really that's largely a function of a single person never really owning enough of a resource to do so I suspect. Societies? Countless examples. [/ QUOTE ] Lol. I think you proved his point for him. Good job troll! [/ QUOTE ] I was thinking the same thing when I first read it, but I thought "no way he just proved the other guy's point right then, I must be misunderstanding something," so I didn't mention anything. Either way, I'm happy that 1) my understanding was fine, or 2) my misunderstanding wasn't so off the mark that others couldn't possibly make the same mistake.
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#50
12-22-2006, 09:53 PM
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Re: AC and Mortality
[ QUOTE ]
Some people having longer time horizons than their own lives doesn't equate to all people, sadly. [/ QUOTE ] Millionaires rarely die penniless, even though you guys seem to think that it is "irrational" not to.
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