You and goober seem to be the only ones on this place who understands that what is important about marginal utility is the size of the next...
I think there will be a different figure for every different circumstance as there are many variables, but the purpose of the EIC was to...
Certainly getting by from check to check is not a pleasant way to life. I went through a period like that and I got by knowing I was better off...
A 16 year old is not capable of fully understanding the ramifications of letting a boy into her house in the middle of the night. In that respect...
Very good post, certainly more detail expressing why marginal utility can diminish. The points you made tell us that perception of desire changes...
The issue is really not about one person, like you, and I presume there are many like you. But the limitless desire for wealth: is a well...
What is to stop US and/or Canada entrepreneurs from creating another private Internet?
I am a left leaning independent who believes in democratic election of representatives to Parliament. I believe we make a mistake adhering to the...
Scandinavian countries do have many social programs, but they are not socialist. From where I stand, democrats in the US are definitely as far to...
Tax revenue can be increased or decreased with tax increases, depending on the business cycles. In a booming business cycle reducing capital gains...
Definition of 'Marginal Utility' from Investopedia The additional satisfaction a consumer gains from consuming one more unit of a good or...
My name is Joachim Reyes. I am an Economist at the Masters level and I disagree that it is as soft a science as Sociology. The reason being is it...
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