Facebook Follies of Friends and Families

[Josquius]

I always just took mercantalism to mean the belief in there being a finite amount of wealth and ensuring your control over the biggest slice. Not really considering that more wealth could be created.

[The Minsky Moment]

I always just took mercantalism to mean the belief in there being a finite amount of wealth  . . . Not really considering that more wealth could be created.

That's probably closer to the physiocratic view, which was the original anti-mercantalist position.  The physiocrats believed that agriculture was the sole source of wealth and thus wealth could only be created by putting more land under the plow or improving farming techniques.

It would be closer to say that mercantilism is the belief that there is a finite amount of money that exists at any given time, along with an understanding that a dynamic commercial economy requires sufficient access to money to facilitate trade.  It is an early modern understanding of what we would understand as the need to balance money supply with money demand, but in a proto-capitalist context where most adults were still engaged in subsistence agriculture and economic relations were only monetized to a limited extent.

[viper37]

[Admiral Yi]

 

[viper37]

He might have been confusing the UK with all of Europe when it comes to weather

[Admiral Yi]

Gas station coffee is getting pretty damn good.

[Eddie Teach]

He might have been confusing the UK with all of Europe when it comes to weather

Or everywhere that's not Iberia/Italy/Greece.

[Valmy]

Or everywhere that's not Iberia/Italy/Greece.

Well to be fair the weather in an incredibly large part of America is pretty shitty. We have deserts and other places with brutal brutal winters (and if you live in a place like Oklahoma you get those along with brutal summers...and tornadoes).

So you could say the same, it sucks shit except for California and Florida and so forth.

Anyway why was that guy's twitter thing scratched out? Not exactly radical takes there. Or is that just Saagar from Breaking Points? He has his picture there.

[Josquius]

On most of it I disagree but a discussion can be had.
But European food worse than American? 😂

[Syt]

Ok, that post is just a weak ass troll, desperately trying to push buttons.

Though I don't doubt people like that exist out in the wild.

[Richard Hakluyt]

The UK has great weather I tell you 

[HVC]

The UK has great weather I tell you 

Huh, I guess Stockholm syndrome works on the national level too.

[garbon]

The UK has great weather I tell you 

Huh, I guess Stockholm syndrome works on the national level too.

You don't like wearing layers in summer?

[Eddie Teach]

On most of it I disagree but a discussion can be had.
But European food worse than American? 😂

We both have the same stuff.

[The Larch]

That guy was clearly and blatantly trolling. In another post he said that the UK was the only place in Europe where you could get a decent meal, or somesuch. Obviously trying to push people's buttons.