Libertarianism and Utilitarianism
From: R Sent: Sunday, October 22, 2017 5:54 AM To: wblock@loyno.edu Subject: Utility Maximization in Extreme Hypothetical Dr. Walter Block, I’m a stranger who’s seen some of your lectures online and was wondering if you would be kind enough and interested enough in giving me your thoughts on something. In my limited understanding of economics, I see it as the study of goods and services whose supply and demand fluctuate. What if we were dealing with an essential good/service whose supply was fixed in the long term? (So, the point being the metaphorical pie cannot get larger.) So imagine a … Continue reading Libertarianism and Utilitarianism
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