Design Of A Logical Market
A logical market is a free market or what is sometimes referred to as an Exchange. Free markets provide goods and services logically, that is without any costs that do not make sense, or that does not create real value. A logical market produces exchanges that would be made even if the buyer and seller had absolute knowledge. Free markets cannot logically create unemployment, debt, taxation, inflation, depressions, pollution, economic instability, risk or threats of loss, because these are costs no one wants to pay. Such social costs are not logical and if not logical cannot logically be part of a logical or free market. Only Dextarian Investments (the producer of the LOGICAL MINDS ONLY podcast) has the technology for creating a logical market. The basic information you need to know and what your politicians need to know, is included here. [anchor.fm]
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Feel free to reply to any comment by clicking the "Reply" button.Logic has never taken center stage in any market.
Logic and markets are like oil and water.
Due to the Human Condition.
DonProvolone
Level 7
Feb 24, 2020
0
That is why we need free markets instead of the markets we have.
@Edify
Logic still has zero to do with markets. Never has.
High hopes and presumably laudable motivations may be part of the soil for any and all markets, but Greed ultimately wins the day.
Every time.
@DonProvolone If you are saying greed causes people to put themselves first so do not act logically, that I agree with.
@Edify
Greed, Envy, Pride, Lust... there's a long list. Seven + causes.
"Logical markets" - so what do we do with all the humans?
The book of Acts didn't stop at chapter 4.
RobBlair
Level 8
Feb 24, 2020
1
its not up to us to do anything with them? Don't you think that has been the sourcee of all or most of our problems, one human trying to do something to other humans?
@Edify - I think the source of my problems is mostly me. The sentiment is best captured in "I'd like to go to a perfect church but they wouldn't let me in." Same with an ideal market. I'd like to operate in a perfect market but I'd ruin it.
I'm all for removing many government controls over the market, especially considering their failure leading up to the 2008 implosion and continued failures regarding those lessons not learned. But, the changes should be slowly implemented and thought through.
We are not entirely logical. Logic, on its own, does not provide me value. When I buy ketchup, the logical choice is the cheapest product. Yet, I feel better picking a product that isn't the cheapest.
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