If we trade credit cards for a day, you'll buy lots of stuff that you would not have otherwise bought.
Since you would not have otherwise bought it, that reveals that the stuff was not as valuable as the stuff you bought before you had my credit card.
And I will do the same. I'll buy lots of computer games with your card that I had looked at longingly last week. I didn't buy them last week, though, because I bought stuff that had more value--stuff that was necessary.
You and I will spend lots of money inefficiently.
Oh, now let's do the same with health care credit cards. Voila! National health insurance!
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JohnArkwright@thearchoftime.com
JohnArkwright.net
Morrow Castle's Courtyard
JohnArkwright@thearchoftime.com
John Arkwright's Fiction
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About Me
- John Arkwright
- Southern, United States
- John's mother paid for his birth by digging potatoes during the final stages of her pregnancy; his father was in a body cast due to a train wreck. Mom recited The Raven to put John to sleep at night. The soles of his feet were thick and hard from going barefoot for eight months per year; his back was tanned from going shirtless. He loved to read fantasy and science fiction. John completed a PhD in economics from the University of South Carolina. He has published research on the economics of terrorism, education, gambling, corporate incentives, and other topics. John married Julia about the time he earned his first degree. They now live in a small southern mountain town with their three sons. John works hard to show his students how they can use rational decision making to enrich their lives. Julia works hard to raise three sons and an aggravating husband. John writes speculative fiction. He was published in Writers of the Future, Volume 27. Julia, the world's most voracious reader, edits his work. His mother is now deceased. His hero is his father, Scotty.
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