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	<title>Comments on: Who lacks rationality?</title>
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	<link>http://enfranchisedmind.com/blog/posts/who-lacks-rationality/</link>
	<description>programming, politics, &#38; other religious issues</description>
	<lastBuildDate>Wed, 08 Feb 2012 14:16:00 +0000</lastBuildDate>
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		<title>By: DavidM</title>
		<link>http://enfranchisedmind.com/blog/posts/who-lacks-rationality/#comment-31667</link>
		<dc:creator>DavidM</dc:creator>
		<pubDate>Wed, 12 Sep 2007 13:13:06 +0000</pubDate>
		<guid isPermaLink="false">http://enfranchisedmind.com/blog/archive/2006/10/08/159#comment-31667</guid>
		<description>Sorry you have economics confused with smuggling.  The problem with this type of thinking(only one person wins) is that it only considers the moment and not the future.

Logically as a consumer I don&#039;t *want* to shortchange a business who is providing me goods or a service.   As a matter of fact,  I will gladly pay for any service or product I enjoy.

As a business if I shortchange my consumers I won&#039;t expect to stay in business very long; as a matter of fact others will most likely notice my poor service and start a business to take all my customers.

The number one rule of a free market:  you cannot make money without helping people.

The problem with splitting things &#039;fairly&#039; is that it does not encourage *anyone* to take any risks.  And why should they if all they can expect is a &#039;fair&#039; cut?  Progress is built on people taking risks and they should expect big rewards for doing so.  Thus far history has borne this out:  South Korea has a bigger economy than all of China!</description>
		<content:encoded><![CDATA[<p>Sorry you have economics confused with smuggling.  The problem with this type of thinking(only one person wins) is that it only considers the moment and not the future.</p>
<p>Logically as a consumer I don&#8217;t *want* to shortchange a business who is providing me goods or a service.   As a matter of fact,  I will gladly pay for any service or product I enjoy.</p>
<p>As a business if I shortchange my consumers I won&#8217;t expect to stay in business very long; as a matter of fact others will most likely notice my poor service and start a business to take all my customers.</p>
<p>The number one rule of a free market:  you cannot make money without helping people.</p>
<p>The problem with splitting things &#8216;fairly&#8217; is that it does not encourage *anyone* to take any risks.  And why should they if all they can expect is a &#8216;fair&#8217; cut?  Progress is built on people taking risks and they should expect big rewards for doing so.  Thus far history has borne this out:  South Korea has a bigger economy than all of China!</p>
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