Rationality Quotes February 2012

Here's the new thread for posting quotes, with the usual rules:

Please post all quotes separately, so that they can be voted up/down separately. (If they are strongly related, reply to your own comments. If strongly ordered, then go ahead and post them together.)
Do not quote yourself.
Do not quote comments/posts on LW/OB.
No more than 5 quotes per person per monthly thread, please.

Here's the new thread for posting quotes, with the usual rules:

Please post all quotes separately, so that they can be voted up/down separately. (If they are strongly related, reply to your own comments. If strongly ordered, then go ahead and post them together.)
Do not quote yourself.
Do not quote comments/posts on LW/OB.
No more than 5 quotes per person per monthly thread, please.

I don't understand, won't pricing the tickets higher just cause people to be disappointed that the tickets were too expensive for them, instead of there not being enough?

It'd probably lead to a roughly equal amount of personal disappointment once the dust settles, but less disruption to the community. Major projects, the kind that the newsletter's alluding to when it talks about collaborations, aren't cheap; members of the camps that put them on usually spend at least their ticket price on supplies, to say nothing of labor. That implies that there's enough loose money floating around those projects that an increase in ticket prices wouldn't be an insurmountable hurdle.

Of course, it may very well be such a hurdle for th... (read more)

1dwalt7514y

It will allow people that were willing to pay the market price actually buy the tickets. If there is sufficient demand then maybe a Burning Man 2 festival makes economic sense, or increasing the supply of tickets for Burning Man itself. We live in a world of limited resources not of good wishes. Good wishes lead to dead weight losses. I don't see a possible scenario where price control is a good idea - LAW of supply and demand. If there is some societal interest that the market fails to protect here (is Burning Man a fundamental right applicable to a certain type of person?) If so, then we should have a BMPA (like the EPA) formed to regulate the event. Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom; a free mind and a free market are corollaries. - Ayn Rand

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Rationality Quotes February 2012

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Rationality Quotes February 2012

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