on FEBRUARY 17, 2014
• ( 0 )
Economics: The basics
Every consumer adjusts his or her purchases to price:
whether name brand or generic is purchased; whether it is purchased today or at
a later time; and so on. Thus, the consumer affects the marketplace by
his/her purchases. This concept leads to a series of continuously
repeated common exchanges that produce a distribution of resources by business
to achieve the greatest satisfaction of consumers as a whole. In other
words, the “collective” (society) is the actions of individuals who work that
distribute resources throughout the economy.
How Liberalism uses Science to guide its Agenda
First, a scientific opinion is just that: an opinion.
The opinion of one becomes that of many. Then that opinion is split into
thousands of pieces until thousands of individuals each endorsing the others
opinion. It relies on consensual chains linking the person of “opinion”
to all the others.
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