Broken Windows (October 5th, 2011)

The three problems with "it's stimulating" notion.

1. I did not choose the roof to behin with,
2. We lost the value of the resources used to regain.
• ie. Ignore the money, resources matter.
3. But..."What if the roofer was unemployed?" GANS?

With preferences, society is poorer if you didn't get the roof that you wanted or the bike that you wanted to buy. Before the storm, one had $1000 dollars and a roof. But after the storm, they have $0.00 and a roof that replaced the older one.

What is the money for society to help you fix the roof for you. Society was poor for that roof because it could have been for someone's deck. WWII got us out of the depression but killed many people. The funds have to come from somewhere; tax revenues. Fewer dollars now to spend. Resources have to come from somewhere. If the roofer was totally unemployed, ignore the money because resources truly matters. The wood gets used more and more people want it and the cost of the wood increases. After the storm, the wood would cost more because everyone is doing it. The resources come from somewhere. Jobs are not a benefit but a cost.

Jobs have an income, hence the benefit. Aside, it is a cost. You can't eat a bomb. It had lower values of consumption. There was no stuff on the shelves. WWII brought down resources, it wasn't about the money. The war stimulate technology does not need to find a war to kill others and get what they want. What have these resources done throughout history.

4) Cost are subjective.
The cost that are imposed, you never know about them.
5) Marginal Analysis: Water-Diamond Paradox
Something high in value has a low exchange value. You can't build a house with diamonds. It's just shiny coal.
200 seat plane and the total cost of going from Rochester to New York City is $100,000.00 . The average cost per seat is $500.00 and 180 passengers in the flighty. Given that the place will fly to New York City.
It may cost 50 dollars per seating what would it cost you to get on the plane. They are willing to change it for you so that you can get on the plane.
If the plane was full, the marginal cost: The change of your cost from taking the action. What does it cost to build a new plane? So much...
The cost of developing the drug. It could probably change fixed costs to get things to profit differently.