ACA Repeal/Replace: Progressives Face Moral Dilemma

[David Horn]

(09-09-2017, 01:46 PM)Warren Dew Wrote:

(09-08-2017, 09:19 AM)David Horn Wrote:

(09-06-2017, 07:11 PM)Warren Dew Wrote: The error in your logic is that, like many on the left, you incorrectly assume that supply and demand are scalars rather than functions.

Frankly, I'm baffled by this comment.  If there is an implication to this, please be a bit less opaque.

If you want to understand it better, I'd suggest brushing up on your algebra and calculus, or learning them if you haven't.  While in theory I could try to teach them to you on this forum, there are far more efficient ways for you to learn them, and frankly my algebra teaching attention is fully taken up by my daughter.

If you're arguing that supply and demand follows a discontinuous curve, then I'm anxious to see how you justify that,  If, on the other hand, we're discussing continuous functions that may be higher than first order, OK.  So what?  Let's agree:

• There is a curve of some shape that defines the pricing power of every good or service
  
• Pricing  power transitions from supply, when goods/services are in short supply, to demand when the opposite occurs
  
• That a modern economy is rarely is short supply of anything.  
  

This should be as universal a belief as the color of the sky on a sunny day.