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Originally Posted by MaDalton
listen... i am sometimes sad that i dont have the time and energy to read all these clever books anymore and my times at the university studying business management and economics are long gone (11 years now). And i forgot a lot.
but what i clearly remember from economics is this: http://en.wikipedia.org/wiki/Merit_good
i completely agree with that concept. |
From a utilitarian point of view, the concept of some politician or bureaucrat determining what is good and what is bad, what is a merit god and what is a demerit good, simply won't work. As Hayek pointed out, it's a knowledge problem. See my post about the coordinating function of prices in a market economy.
From a deontological point of view:
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other than that i simply dont agree with what you wrote above because i dont see it happening. would you please provide me an example where someone had to donate his second car to someone else?
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Those example questions I asked all illustrate the same basic question: are you allowed to violate someone's property right simply because you have good intentions? My answer is: no, you are never allowed to violate someone's rights. The pro-intervention pov is yes you are allowed to violate people's rights when your intentions are good.