Another simple economics question:

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pwned

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New here. Don't get "pwned"?

[Exsubmariner]

Loosely....owned, dominated, humiliated.

At least that's how I've seen it used.

Ouch... is that how bad my comments are?

[SheetWise]

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... have you ever been at a craps table with one guy (usually me) betting $20 a roll... and the guy next to him betting $5,000 a roll. Who would be served most by a win?


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In these situations I just like to toss in a $2-two-way seven to find out where everybody stands.

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This is not true. Empirically we can be confident that the rich give a higher % of their net income to charity that the poor.

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That's not true. The lower class in America is by far the most generous group. These working class people may not give as many dollars to charity as rich, but they definitely give a higher percentage.

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This is not true. Empirically we can be confident that the rich give a higher % of their net income to charity that the poor.

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That's not true. The lower class in America is by far the most generous group. These working class people may not give as many dollars to charity as rich, but they definitely give a higher percentage.

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Source?

Oh that's right... no such source exists... I guess I'll just have to take someones word for it.

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This is not true. Empirically we can be confident that the rich give a higher % of their net income to charity that the poor.

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That's not true. The lower class in America is by far the most generous group. These working class people may not give as many dollars to charity as rich, but they definitely give a higher percentage.

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Source?

Oh that's right... no such source exists... I guess I'll just have to take someones word for it.

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source

"The poor are more generous than the rich when it comes to giving to good causes, according to research which challenges the "Robin Hood" myth of charity as an agent of redistribution.

A study published today finds that the least well-off give a higher proportion of their income to charity than the wealthy, no matter what their age, class or beliefs. "

You're joking right...

You're source is a four year old UK study of a whopping 1,000 people who donated to 10 specific charities.

This far to small of a sample to even quote.

[Jedi Flopper]

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Ouch... is that how bad my comments are?

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He is responding to my post just above yours. Since we are in agreement, I do not think he considers your comments to be bad [img]/images/graemlins/smile.gif[/img]

[Cyrus]

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I don't see a contradiction [between capitalism and Christianity] - at least, not one that makes it impossible for the two to peacefully coexist.

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I did not ask if the two can "co-exist", in whatever uneasy co-existence. I asked if they are compatible, i.e. whether or not the two are based on contradictory premises.

Can you quote me holy christian texts that support capitalist credos? Can you quote me texts from capitalist gurus that advocate the kind of economic behavior taught by Jesus Christ?

Christianity teaches that one cannot at the same time believe in God and worship profit :

"No servant can serve two masters. He will either hate one and love the other, or be devoted to one and despise the other. You cannot serve God and mammon."