Wow, three things... I would have to say, 1. I would want more people to understand the problems with Keynesian and socialistic economic theory, 2. I would want that "download" plug-in machine from "The Matrix" to be real, and 3. For horse show days to automatically be always sunny, low humidity, and 73 degrees.
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Originally Posted by Saskia An endless supply of everything would make everything worthless and then there would be no one to clean our street, work in our factories etc. We'd have an endless supply of wheat but no bread, large amounts of raw oil, but no one working in the refineries, because money means nothing and they don't see a reason to do it. Its interesting.
Sorry. I'm a sociology and philosophy major. |
Considering a world where scarcity was nonexistent (sheer impossibility, but keeping with the hypothetical things to change
), an endless supply of wheat, but no bread, there is incentive to make the bread because you need food. Incentive to work the refinery to make gasoline/kerosine. Now, bread and full gas cans falling from the sky... that's a little different, but even when production inputs are infinitely available, human time is not. Humans have only so many years, and so many hours in a day. A consumer good, immediately serviceable to use, requires that a capital good (wheat, for example) be "mixed" with human time and effort to exist. There would still be incentive for people to produce with infinitely available input goods, at least until enough immediately useable goods had been produced to allow constant leisure time... but then
eventually the produced goods would run out... OK, I'm rambling now (sorry, I'm an economics major), but you're right, Saskia, really interesting idea.
