you are more likely to marry kim kardashian than you are to contract ebola in the united states.
so the other night we watched man of steel. i'm a superman fan. so i liked it way more than other members of the viewing audience. the other day i was washing my car. well, washing the windows of my car with a sponge and a squeegee. i don't wash my car with drinking water cause you know, drought. duh. so anywho, i was thinking. if superman owned a car, would he clean the windows? or would he just use his x-ray vision?
some internet "economist" against minimum wage hikes argued a corporation can't make a profit by selling its products solely to its employees. its profit comes from selling its product to people who are not its employees. and in a sense, they're right. but they're also very wrong. it reminds me of the old airplane on a treadmill conundrum. the math seems to say that the airplane won't take off. but clearly the airplane can take off from a treadmill. go watch mythbusters. anywho, the problem with both problems is one of definitions and of confusing constraints with conclusions. profit (normally) is the difference between the value of the products you produce and the value you have to pay out in order to produce those products. let's use the author's example of ford making cars. if ford pays its employees enough wages to buy all of the cars ford produces, fords profits will be zero. true. if ford pays less, it will have some leftover cars. whose value the author asserts is $0. cause the author does not allow ford to sell its cars to anyone not an employee. which again is true. but it's not a conclusion. it's a constraint of the problem. internet fools argue the airplane won't take off because the speeds have to match. which is true. when you require the speeds to match, the plane will sit there on the runway spinning its wheels. a real airplane will just happily take off. cause a real airplane isn't constrained by this artificial restriction the poser has placed on it. same for ford. real corporations aren't constrained by this artificial restriction that they can't sell to anyone other than their employees. and ford will happily turn a profit. anywho, i mentioned definitions. suppose ford paid its employees in cars. say ford pays you one car for every two cars you produce. ford's profit is one car. but but but the troll says. it's not profit cause profit is money. okay fine. example the same, but different. i pay you one dollar bill for every two dollar bills you produce. now my profit is $1. shut up troll.
more than one internet troll: "hey cdc! you have one job. how about you fucking do it?" to which i say: hey congress! what say we start confirming some of the presidential appointments. cause you know, it's like part of your fucking job. maybe we could start with someone to run the cdc. cause you know, ebola.