SilentCal comments on Three Parables of Microeconomics - LessWrong

25 Post author: jimrandomh 09 May 2014 06:18PM

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Comment author: SilentCal 12 May 2014 07:45:43PM 4 points [-]

Charitably but precisely, the moral is 'depending on trade exposes you to certain risks if the market changes.' Notably lacking is any proof or argument that doing so is any riskier than trying to avoid depending on trade.

Comment author: brazil84 16 May 2014 09:10:00PM 4 points [-]

Charitably but precisely, the moral is 'depending on trade exposes you to certain risks if the market changes.'

Yes a similar thought occurred to me today. I am a specialized professional worker in a big city. If the demand for my services went away, then I would have to either change jobs; depend on charity; or starve to death.

There is a subculture of people who worry about this kind of risk (among other things); they are known as "survivalists" or "preppers."