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To: count-your-change
RE :”Maybe. But I ask why the fastest runner to the hotel should not have the room instead of the person with the bigger wallet? If rooms are four times the normal price the person with money can also rent two rooms, one for the kids and one for mom and dad. Maybe one for the pets too

Yes, his hotel example is not as good as the gasoline-generator example. A hurricane rising hotel room prices will not cause more hotels to be build unlike the gas-generator example.

But he still makes a valid point. If I have to pay 2X now what I would pay pre- hurricane then I have more incentive to share the room with others than I would if I got it cheap because I got on that three mile line before the others.

Yes, this requires unfairness. But nature is unfair. Why cant same sex couples naturally reproduce by having sex when we hetros can?

61 posted on 11/03/2012 9:45:49 PM PDT by sickoflibs (Romney is still a liberal. Just watch him. (Obama-ney Care ))
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To: sickoflibs
What would be your incentive to share the room with others?
Fellow feeling, splitting the cost? Maybe but very unlikely.

More typical would be the attitude, I paid for it by myself, I'll use it by myself.

Sowell always makes valid points but anytime a hypothetical example is used certain things are assumed that may not be the case. Like the willingness of the moneyed renter to rent just one room when he can afford two.

65 posted on 11/03/2012 10:11:13 PM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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