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There is something "unusual" about the price of electricity. Not sure about America, but in many countries electricity has a "progressive" pricing structure, like progressive income tax. The more you use, the more you pay. Even in America, it seems you pay more during day time than night time because supposely less people use it
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Decades ago, not many people go to college. Most people graduated fresh from highschool and found good jobs. Nowadays, this is unimaginable, as everybody who wants a half-decent jobs need a college degree. Even people with higher qualifications such as masters or Phds often have problem finding jobs. It is basically a buyer's market now, with the
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Gambling enables the lucky few to gain socio-economic power that they do not deserve. The individuals who gamble do not create any wealth, rather it is a redistribution of wealth, similiar to welfare, except this one is chance-based and the payoff is much higher.
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The environmentalists in Australia ARE the terrorists. They burnt hundreds of people to death via their green policies. check these out: http://mises.org/daily/3343 http://strangetimes.lastsuperpower.net/?p=188 What kind of government prohibits its people from cutting trees in their own private property? It directly resulted in innocent people and children
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Nobody really owes nobody anything, in your scenario. Just consider the $100 the hotel owner handed to the butcher as ACTUAL PAYMENT, instead of late payment of debt, then it all comes clear. By the way, people did produce and did earn, don't just look at the money, look at the REAL product/service they provided and earned. Money is merely an exchange
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I'm sure most of you have heard, if you watch the news. The Australian government announced the plan for world's largest marine park. It effectively seals off 1/3 of Australia's seawater from economic activities, including offshore oil drilling, mining, and fishing. This is ridiculous. The Australia's laws on exploiting the marine resources
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Love all those supposely "libertarian" people defending the failure of Africa on various grounds such as wars, corruption, government control, and even foreign aid, blah blah blahaaaaaaa. .... completely ignoring the ethnic factor. Southern have very good points. Totally logical, and hardly can be refuted. Such factors, may it be wars, goverment
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The demand is always there. I think when a demand is latent (i.e. hidden), it can manifest in other ways which are observable, suggesting the existence of a latent demand. For example, in a society, males prefer attractice girls (superior goods) over not-so-attrative, or even ugly girls (inferior goods). But pretty girls are only a small portion, so
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Prague Spring was suppressed by the Soviet Union violently, with its army occupying the whole country briefly. As for the Norwegians, Nazi Germany was actually a very weak, and relatively benovolent dictatorship so I'm not surpised that peaceful demonstration happened. There was a protest by hundreds of German woman demanding the return of their
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Would you agree on a price control on condoms? It is overly-expensive compared to the cost to make them. They are made of latex or plastic materials which are extremly cheap yet the retail price of the final product is very high. Before you say that a price control would decrease production and cause shortage, I don't agree. Because condoms, unlike