Re: To libertarians / Rand clones
[ QUOTE ]
[ QUOTE ]
Furthermore, manufacturing tanks and uniforms is a double whammy on the economy, as these "goods" (I would call them bads) are virtually guaranteed to totally depreciate within a few years.
[/ QUOTE ]
So according to you, going from making 300 airplanes a year to making 100,000 airplanes a year is bad for the economy because the airplanes depreciated either immediately or within a few years.
And so therefore it is also bad that our computer companies produce and sell several million computers per year, since these are guaranteed to depreciate within several years as well.
err, huh?
[/ QUOTE ]
Except that those computers, while they are depreciating, do work that people actually value.
|