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The FCC . . .

SuperRobotWars
Posts: 3,906
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1/13/2011 8:25:34 PM
Posted: 5 years ago
We need to get rid of the Federal Communications Commission . . . who is with me . . . ?
Minister Of Trolling
: At 12/6/2011 2:21:41 PM, badger wrote:
: ugly people should beat beautiful people ugly. simple! you'd be killing two birds with the one stone... women like violent men and you're making yourself more attractive, relatively. i met a blonde dude who was prettier than me not so long ago. he's not so pretty now! ha!
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: ...and well, he wasn't really prettier than me. he just had nice hair.
mattrodstrom
Posts: 12,028
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1/13/2011 9:18:48 PM
Posted: 5 years ago
yes.
"He who does not know how to put his will into things at least puts a meaning into them: that is, he believes there is a will in them already."

Metaphysics:
"The science.. which deals with the fundamental errors of mankind - but as if they were the fundamental truths."
Ragnar_Rahl
Posts: 19,297
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1/14/2011 12:34:11 AM
Posted: 5 years ago
No, it enforces legitimate property rights in certain scarce types of broadcast spectrums.

But get rid of the television content review and most of the other functions.
It came to be at its height. It was commanded to command. It was a capital before its first stone was laid. It was a monument to the spirit of man.
Sieben
Posts: 2,736
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1/14/2011 10:42:29 AM
Posted: 5 years ago
At 1/13/2011 9:07:16 PM, Walrasian_Equilibrium wrote:
Ronald Coase is.

Nobody here knows who that is.

(Note to others: Do not go to Coase's wikipedia page and then come back here and pretend like you knew who he was. I have insulted the community's knowledge and you should learn to deal with it instead of overcompensating by playing pretend intellectual.)
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djsherin
Posts: 343
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1/14/2011 10:45:16 AM
Posted: 5 years ago
At 1/14/2011 12:34:11 AM, Ragnar_Rahl wrote:
No, it enforces legitimate property rights in certain scarce types of broadcast spectrums.

But get rid of the television content review and most of the other functions.

http://mises.org...

Really long, but the bolded "history" section shows that the FCC isn't necessary to maintain property rights in broadcast spectrum. It's worth the read if it's something you're interested in.
Ren
Posts: 7,102
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1/14/2011 10:54:08 AM
Posted: 5 years ago
At 1/14/2011 10:42:29 AM, Sieben wrote:
At 1/13/2011 9:07:16 PM, Walrasian_Equilibrium wrote:
Ronald Coase is.

Nobody here knows who that is.

(Note to others: Do not go to Coase's wikipedia page and then come back here and pretend like you knew who he was. I have insulted the community's knowledge and you should learn to deal with it instead of overcompensating by playing pretend intellectual.)

Probably because he's British and lived in the beginning of the last millennium.

It would be a person precisely like you that would disdain a person educating themselves rather than walking into the thread and heralding his or her ignorance as though it were something of which to be proud.

I cordially invite everyone to review Coarse's economic perspectives. They're interesting.
Ren
Posts: 7,102
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1/14/2011 10:54:44 AM
Posted: 5 years ago
At 1/14/2011 10:54:08 AM, Ren wrote:
I cordially invite everyone to review Coarse's economic perspectives. They're interesting.

Coase
Sieben
Posts: 2,736
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1/14/2011 10:57:25 AM
Posted: 5 years ago
Coase's contributions to economic theory are essential. It doesn't matter that he's british.

And if you knew he was british, you probably went to the wikipedia page. Saving face = overcompensation. Showing your "pecs" in a profile pic = overcompensating. Gj.
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darkkermit
Posts: 11,204
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1/14/2011 11:15:49 AM
Posted: 5 years ago
At 1/14/2011 10:57:25 AM, Sieben wrote:
Coase's contributions to economic theory are essential. It doesn't matter that he's british.

And if you knew he was british, you probably went to the wikipedia page. Saving face = overcompensation. Showing your "pecs" in a profile pic = overcompensating. Gj.

I cheated, and looked at wikipedia. I remember the principle of the theory but forget who it was. If you mention "Coarse theory" i might have remembered it, but yea I just didn't recognize the name.
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Sieben
Posts: 2,736
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1/14/2011 11:16:37 AM
Posted: 5 years ago
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
— -Murray N. Rothbard
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Ren
Posts: 7,102
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1/14/2011 11:33:34 AM
Posted: 5 years ago
At 1/14/2011 10:57:25 AM, Sieben wrote:
Coase's contributions to economic theory are essential. It doesn't matter that he's british.

And if you knew he was british, you probably went to the wikipedia page. Saving face = overcompensation. Showing your "pecs" in a profile pic = overcompensating. Gj.

LOL. Yes, clearly, because I knew he was British, rather than because I knew that he's an economist or the period in which he was born.

You're such a joke, kid. For what am I overcompensating? I'm not an economist, I couldn't care less. What, you think I'm trying to impress you? LMFAO.

Stop being jealous of my sexy. It's unbecoming. It's called a mixtape cover, you loser. LOLOL
Ren
Posts: 7,102
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1/14/2011 11:34:47 AM
Posted: 5 years ago
At 1/14/2011 11:15:49 AM, darkkermit wrote:
At 1/14/2011 10:57:25 AM, Sieben wrote:
Coase's contributions to economic theory are essential. It doesn't matter that he's british.

And if you knew he was british, you probably went to the wikipedia page. Saving face = overcompensation. Showing your "pecs" in a profile pic = overcompensating. Gj.

I cheated, and looked at wikipedia. I remember the principle of the theory but forget who it was. If you mention "Coarse theory" i might have remembered it, but yea I just didn't recognize the name.

It isn't a very uncommon concept, is it?

Tsk. Seiben, in all his pretentious glory.
Sieben
Posts: 2,736
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1/14/2011 12:05:51 PM
Posted: 5 years ago
At 1/14/2011 11:34:47 AM, Ren wrote:

It isn't a very uncommon concept, is it?
Uncommon for commoners.

Tsk. Seiben, in all his pretentious glory.
Get educated?
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Ragnar_Rahl
Posts: 19,297
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1/14/2011 12:31:40 PM
Posted: 5 years ago
At 1/14/2011 10:45:16 AM, djsherin wrote:
At 1/14/2011 12:34:11 AM, Ragnar_Rahl wrote:
No, it enforces legitimate property rights in certain scarce types of broadcast spectrums.

But get rid of the television content review and most of the other functions.

http://mises.org...

Really long, but the bolded "history" section shows that the FCC isn't necessary to maintain property rights in broadcast spectrum. It's worth the read if it's something you're interested in.

It doesn't seem to demonstrate anything of the sort. It does demonstrate that the matter wound up in court, and that to some extent I misspoke-- I should say-- it CAN be used to enforce private property, I suppose technically the current regime is more of a gray area. But even in lieu of taxes, there's still a use for an agency with the IRS's expertise to do user fee accounting, and even in lieu of requiring a license to broadcast, there's still a use for an agency that keeps track of who has acquired what broadcast spectrum rights and produces guidelines on how to avoid violating them to minimize costly lawsuits.
It came to be at its height. It was commanded to command. It was a capital before its first stone was laid. It was a monument to the spirit of man.
darkkermit
Posts: 11,204
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1/14/2011 1:16:59 PM
Posted: 5 years ago
At 1/14/2011 11:34:47 AM, Ren wrote:
At 1/14/2011 11:15:49 AM, darkkermit wrote:
At 1/14/2011 10:57:25 AM, Sieben wrote:
Coase's contributions to economic theory are essential. It doesn't matter that he's british.

And if you knew he was british, you probably went to the wikipedia page. Saving face = overcompensation. Showing your "pecs" in a profile pic = overcompensating. Gj.

I cheated, and looked at wikipedia. I remember the principle of the theory but forget who it was. If you mention "Coarse theory" i might have remembered it, but yea I just didn't recognize the name.

It isn't a very uncommon concept, is it?

Tsk. Seiben, in all his pretentious glory.

I think its pretty much taught in any introductory college economic class. Although to be fair, not everyone on DDO has taken an introductory college course in economics.
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Walrasian_Equilibrium
Posts: 52
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1/14/2011 1:21:13 PM
Posted: 5 years ago
I think its pretty much taught in any introductory college economic class. Although to be fair, not everyone on DDO has taken an introductory college course in economics.

Coase certainly isn't. Even property rights themselves are given short shrift. Most intro econ classes are poorly done.

Maybe you've had better experiences than me though.
darkkermit
Posts: 11,204
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1/14/2011 1:37:44 PM
Posted: 5 years ago
At 1/14/2011 1:21:13 PM, Walrasian_Equilibrium wrote:
I think its pretty much taught in any introductory college economic class. Although to be fair, not everyone on DDO has taken an introductory college course in economics.

Coase certainly isn't. Even property rights themselves are given short shrift. Most intro econ classes are poorly done.

Maybe you've had better experiences than me though.

Meh, I go to a third tier public college and my economics class was an easy A. However,
I don't see how you can even have an economics class without talking about positive and negative externalities, which would require one to talk about Coarse's law.

Technically I took a microeconomics class not an intro to economics class, but I still don't see why coarse's law wouldn't be covered.
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Walrasian_Equilibrium
Posts: 52
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1/14/2011 1:40:31 PM
Posted: 5 years ago
but I still don't see why coarse's law wouldn't be covered.

If it's a bad class, which would seem to describe quite a lot of intro econ classes.

They'll talk about externalities with standard basic Pigovian logic and go no deeper.
darkkermit
Posts: 11,204
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1/14/2011 1:57:29 PM
Posted: 5 years ago
At 1/14/2011 1:40:31 PM, Walrasian_Equilibrium wrote:
but I still don't see why coarse's law wouldn't be covered.

If it's a bad class, which would seem to describe quite a lot of intro econ classes.

They'll talk about externalities with standard basic Pigovian logic and go no deeper.

Ha! Wow! Oh noes, if people actually learn about coarse's law then people might realize that government intervention is not always necessary :O !

Kermie weeps :(.
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Walrasian_Equilibrium
Posts: 52
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1/14/2011 4:37:22 PM
Posted: 5 years ago
Coase is more important to learn for how he teaches you to think than for the political implications of his work. Economic education suffers for his marginalization (Yes, he won a Nobel, but your average econ student doesn't seem to know much about him).