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The existence or nonexistence of outsourcing won't change the fact that people do not always make the optimal economic decisions. The fear of some economic agen
by cynicalkane 16y ago
The existence or nonexistence of outsourcing won't change the fact that people do not always make the optimal economic decisions. The fear of some economic agent making a suboptimal decision is a pretty poor reason to argue against anything, unless there's something intrinsic to the economic good in question that inspires suboptimal decisions (drugs, gambling).
In fact, when it comes to drugs, I bet the majority of people people on this website would support legalization of at least some drugs, and allow people to make their own bad decisions. But we're still poisoned with the notion that companies in market economies in general have to be prevented from making sub-optimal decisions. Why? Why do people still think this?
- gaius 16y agoHey, I'm not calling for protectionist laws or anything. I'm just pointing out that people who outsource are optimizing the wrong thing if their goal is net wealth creation in the long term. And it most likely is; we'll all retire one day. Gambling is an entertainment product; it's no more or less a suboptimal use of money than going to the movies.