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Author Topic: LFTR and Market Failures  (Read 7509 times)
nedbert9
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July 16, 2012, 06:28:44 PM
 #21

+1 for the digital narcotic Skyrim!

Why bother with LFTR when coal is cheaper?  Coal is cheaper than regular nuclear too.

When we run out of coal and natural gas and oil... then business will invest in new things.

No market failure, this is the market working to bring you stuff as cost effectively as possible - unlike government that doesn't care about cost and will reduce your standard of living for pipe dreams.  Most voters aren't even aware of things like capital cost when supporting these pipe dreams, and their representatives pander to their ignorance.

Is anyone aware on this forum about the promise of LFTR technology?  

http://superfuelbook.com/
http://www.youtube.com/watch?v=P9M__yYbsZ4

Go to Youtube and search LFTR.  Watch about 6 hours of the videos that are available.  

Then go to this site:

http://energyfromthorium.com/

and read as much of the documentation as you can muster.

Then come back to me and explain why the "Free Market" or "Private Enterprise" or "Free Enterprise" hasn't been able to build another one of these, after the prototype, in the past 40-ish years.

You can do that after you admit that the technology also solely exists because of Government funded research to begin with.

 Wink


sighs.

Short sighted market operation bringing you the most cost effective solutions while externalizing the cost of anything and everything that can possibly be externalized.

In other words.  Business has a narrow focus and any resultant costs from their operation that are not immediately realized and easily avoided will be avoided.

The market is not without serious flaws.
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myrkul
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July 16, 2012, 06:30:44 PM
 #22

sighs.

Short sighted market operation bringing you the most cost effective solutions while externalizing the cost of anything and everything that can possibly be externalized.

In other words.  Business has a narrow focus and any resultant costs from their operation that are not immediately realized and easily avoided will be avoided.

The market is not without serious flaws.

Externalities are only an issue when government gives a business a license to pollute.

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July 16, 2012, 06:32:51 PM
 #23

When we run out of coal and natural gas and oil... then business will invest in new things.

That's the free market at work for you, absolutely. Short sighted and exploitative to the end.
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July 16, 2012, 06:38:15 PM
 #24

When we run out of coal and natural gas and oil... then business will invest in new things.

That's the free market at work for you, absolutely. Short sighted and exploitative to the end.

I never really understood why people thought like this, businesses consist of people like you. Is there something stopping you from starting a business that considers long-term costs of its actions?
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July 16, 2012, 06:53:59 PM
 #25

With intellectual acumen like this, sometimes I wonder why I even bother.

 Cheesy

At least you're starting to understand that you are overmatched.

Overmatched in numbers?  Most assuredly.

I'll keep my politics out of your economics if you keep your economics out of my politics.

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bb113
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July 16, 2012, 06:56:15 PM
 #26

With intellectual acumen like this, sometimes I wonder why I even bother.

 Cheesy

At least you're starting to understand that you are overmatched.

Overmatched in numbers?  Most assuredly.

You just recommended watching a bunch of youtube videos as research... that is a clear signal you know less about this subject than you think.
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July 16, 2012, 06:58:10 PM
 #27

When we run out of coal and natural gas and oil... then business will invest in new things.

That's the free market at work for you, absolutely. Short sighted and exploitative to the end.

I never really understood why people thought like this, businesses consist of people like you. Is there something stopping you from starting a business that considers long-term costs of its actions?

LOL.

Do you not recall our conversation where I brought up Frederick Seitz? The point isn't what business I might start. The point is what others do to destroy it for the rest of us in the meantime.
niemivh
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July 16, 2012, 06:58:37 PM
 #28

+1 for the digital narcotic Skyrim!

Why bother with LFTR when coal is cheaper?  Coal is cheaper than regular nuclear too.

When we run out of coal and natural gas and oil... then business will invest in new things.

No market failure, this is the market working to bring you stuff as cost effectively as possible - unlike government that doesn't care about cost and will reduce your standard of living for pipe dreams.  Most voters aren't even aware of things like capital cost when supporting these pipe dreams, and their representatives pander to their ignorance.

Is anyone aware on this forum about the promise of LFTR technology?  

http://superfuelbook.com/
http://www.youtube.com/watch?v=P9M__yYbsZ4

Go to Youtube and search LFTR.  Watch about 6 hours of the videos that are available.  

Then go to this site:

http://energyfromthorium.com/

and read as much of the documentation as you can muster.

Then come back to me and explain why the "Free Market" or "Private Enterprise" or "Free Enterprise" hasn't been able to build another one of these, after the prototype, in the past 40-ish years.

You can do that after you admit that the technology also solely exists because of Government funded research to begin with.

 Wink


sighs.

Short sighted market operation bringing you the most cost effective solutions while externalizing the cost of anything and everything that can possibly be externalized.

In other words.  Business has a narrow focus and any resultant costs from their operation that are not immediately realized and easily avoided will be avoided.

The market is not without serious flaws.

In "failure", I mean what it has been meant in the past regarding the term "Market Failure", that is when the Market fails to provide the most socially useful results even if all actors pursue their own (myopic) 'best interests'.  That is what the term means and that is what I meant by it.


I'll keep my politics out of your economics if you keep your economics out of my politics.

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grantbdev
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July 16, 2012, 06:59:16 PM
 #29

Why bother with LFTR when coal is cheaper?  Coal is cheaper than regular nuclear too.

Because coal is incredibly bad for people's health and the environment. What is the point of profit when we do not have a planet to live on? Roll Eyes

Besides, fossil fuels are guarenteed a costant rise in price as the supply dwindles and demand grows with population growth. The sooner we can switch to renewable sources of energy that are not limited to an ever decreasing supply, the better for not only the environment but the economy.

Don't use BIPS!
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July 16, 2012, 07:03:15 PM
 #30

With intellectual acumen like this, sometimes I wonder why I even bother.

 Cheesy

At least you're starting to understand that you are overmatched.

Overmatched in numbers?  Most assuredly.

You just recommended watching a bunch of youtube videos as research... that is a clear signal you know less about this subject than you think.


Rather than this type of worthless banter regarding what you think I think and what I think you think I think we know, why don't you just spend some time watching those videos or reading the documentation on the website?  Is that too hard?  You people (the general forum audience) are so damnably lazy.

I'll keep my politics out of your economics if you keep your economics out of my politics.

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niemivh
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July 16, 2012, 07:05:36 PM
 #31

Why bother with LFTR when coal is cheaper?  Coal is cheaper than regular nuclear too.

Because coal is incredibly bad for people's health and the environment. What is the point of profit when we do not have a planet to live on? Roll Eyes

Besides, fossil fuels are guarenteed a costant rise in price as the supply dwindles and demand grows with population growth. The sooner we can switch to renewable sources of energy that are not limited to an ever decreasing supply, the better for not only the environment but the economy.

+1

Also that a private cabal/cartel has the nation's throat in their grip by being able to control and manipulate energy prices and availability.  I want freedom and freedom means self-sufficiency, national energy independence.

I'll keep my politics out of your economics if you keep your economics out of my politics.

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myrkul
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July 16, 2012, 07:11:48 PM
 #32

I want freedom


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bb113
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July 16, 2012, 07:14:01 PM
 #33

When we run out of coal and natural gas and oil... then business will invest in new things.

That's the free market at work for you, absolutely. Short sighted and exploitative to the end.

I never really understood why people thought like this, businesses consist of people like you. Is there something stopping you from starting a business that considers long-term costs of its actions?

LOL.

Do you not recall our conversation where I brought up Frederick Seitz? The point isn't what business I might start. The point is what others do to destroy it for the rest of us in the meantime.

So in essence the real issue people have is is with short-sighted people being in charge of stuff.
niemivh
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July 16, 2012, 08:05:58 PM
 #34


Is this closer to the idea of "freedom" of this forum:


I'll keep my politics out of your economics if you keep your economics out of my politics.

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FirstAscent
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July 17, 2012, 07:29:56 AM
 #35

When we run out of coal and natural gas and oil... then business will invest in new things.

That's the free market at work for you, absolutely. Short sighted and exploitative to the end.

I never really understood why people thought like this, businesses consist of people like you. Is there something stopping you from starting a business that considers long-term costs of its actions?

LOL.

Do you not recall our conversation where I brought up Frederick Seitz? The point isn't what business I might start. The point is what others do to destroy it for the rest of us in the meantime.

So in essence the real issue people have is is with short-sighted people being in charge of stuff.

That's an issue, to be sure, but why would you come up with that based upon what I said to you unless you were trying to be clever and engaging in misdirection? Ironically, isn't that what my post was really about?
myrkul
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July 17, 2012, 07:52:12 AM
 #36


Is this closer to the idea of "freedom" of this forum:



More like this:
Quote
exemption from external control, interference, regulation, etc.

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bb113
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July 17, 2012, 07:57:05 AM
 #37

When we run out of coal and natural gas and oil... then business will invest in new things.

That's the free market at work for you, absolutely. Short sighted and exploitative to the end.

I never really understood why people thought like this, businesses consist of people like you. Is there something stopping you from starting a business that considers long-term costs of its actions?

LOL.

Do you not recall our conversation where I brought up Frederick Seitz? The point isn't what business I might start. The point is what others do to destroy it for the rest of us in the meantime.

So in essence the real issue people have is is with short-sighted people being in charge of stuff.

That's an issue, to be sure, but why would you come up with that based upon what I said to you unless you were trying to be clever and engaging in misdirection? Ironically, isn't that what my post was really about?

I came up with that because I am looking to discover why we differ in opinion, and believe that the best way is to go back to first principles and underlying assumptions held by each party and see where they differ.
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July 17, 2012, 11:28:10 PM
 #38

Neutron bump.

This shit has always puzzled me, (Market failure...)
myrkul
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July 17, 2012, 11:51:28 PM
 #39

Neutron bump.

This shit has always puzzled me, (Market failure...)

Well, what we have here is not market failure, but a market distortion caused by government throwing other people's money around.

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niemivh
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July 18, 2012, 04:13:43 PM
 #40


Is this closer to the idea of "freedom" of this forum:



More like this:
Quote
exemption from external control, interference, regulation, etc.

Does "nature" qualify as a form of external control?  How about famine?  How about disease?  How about age and infirmity?  Do any of those qualify as impinging on freedom, and if not, why not?

I'll keep my politics out of your economics if you keep your economics out of my politics.

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