Trying to ignore the thousands I pay in property taxes and how 48% of that goes to schools, plus federal dollars and bond dollars and lottery money....Trying to ignore free school lunch and breakfast and bussing and after school free care...my daughter brought home her quiz from an article they studied in 8th grade, "Tragedy of Freedom in a Commons".
1.) What, as rational human beings, do herdspersons decide to do to increase their individual welfare?
A) Herdsmen continue to buy more cows thinking this will increase their own individual welfare, when it is only hurting everyone.
2.) Each individual decision to increase individual welfare has two resulting components described in mathematical language, name both components.
A) +1 and -1.
3.) What one word describes the resulting impact on the commons that results from the individual herdspersons continuing to add more and more cattle?
So, increasing wealth is bad, and a tragedy, and comes at the expense of another. I guess the Democrat bumper stickers are right, and I really am stoopid...I just don't have the brains to understand that if I pull iron out of the ground and build a ship out of it and sell the ship, that profit came at the expense of others. I can't fathom why the overall national health, wealth, well being and life expectency have dramatically increased in the last 200 years and where that came from. I guess it came from the benevolent government?