Comments on: I Know Some People Can’t Fathom This, But … http://www.showmedaily.org/2007/08/i-know-some-peo.html Advancing liberty with responsibility by promoting market solutions for Missouri public policy Sat, 13 Mar 2010 15:03:33 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Sarah Brodsky http://www.showmedaily.org/2007/08/i-know-some-peo.html/comment-page-1#comment-1635 Sarah Brodsky Fri, 30 Jan 2009 16:23:38 +0000 http://www.showmeliving.org/daily/?p=76#comment-1635 "It can be shown graphically" Don't even think about it. I'll get nightmares that I'm back in college. “It can be shown graphically”
Don’t even think about it. I’ll get nightmares that I’m back in college.

]]> By: Josh Smith http://www.showmedaily.org/2007/08/i-know-some-peo.html/comment-page-1#comment-1633 Josh Smith Fri, 30 Jan 2009 16:06:36 +0000 http://www.showmeliving.org/daily/?p=76#comment-1633 This is a great post, but I'd like to point out that any economist will tell you that government transfers which are not in the form of money involve some dead-weight loss. It can be shown graphically that food stamps are no better than housing vouchers at satisfying people's particular preferences, since marginal amounts of housing or food can't be substituted for other needs/wants. The main support for keeping such programs is a combination of misunderstanding of economics and paternalism. This is a great post, but I’d like to point out that any economist will tell you that government transfers which are not in the form of money involve some dead-weight loss. It can be shown graphically that food stamps are no better than housing vouchers at satisfying people’s particular preferences, since marginal amounts of housing or food can’t be substituted for other needs/wants.

The main support for keeping such programs is a combination of misunderstanding of economics and paternalism.

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