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	<title>Comments on: Walking Dead Economics</title>
	<atom:link href="http://www.thelibertypapers.org/2012/03/23/walking-dead-economics/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.thelibertypapers.org/2012/03/23/walking-dead-economics/</link>
	<description>Life. Liberty. Property. Defending individual freedom and liberty, one post at a time.</description>
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		<title>By: Norm Nelson</title>
		<link>http://www.thelibertypapers.org/2012/03/23/walking-dead-economics/#comment-84241</link>
		<dc:creator>Norm Nelson</dc:creator>
		<pubDate>Sun, 25 Mar 2012 18:24:57 +0000</pubDate>
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		<description><![CDATA[I smell a sequel. One part zombie added to one part ware wolf. &quot;The Howling Dead&quot;. Now that&#039;s entertainment.]]></description>
		<content:encoded><![CDATA[<p>I smell a sequel. One part zombie added to one part ware wolf. &#8220;The Howling Dead&#8221;. Now that&#8217;s entertainment.</p>
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		<title>By: Andy</title>
		<link>http://www.thelibertypapers.org/2012/03/23/walking-dead-economics/#comment-84213</link>
		<dc:creator>Andy</dc:creator>
		<pubDate>Sat, 24 Mar 2012 00:08:46 +0000</pubDate>
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		<description><![CDATA[It&#039;s probably useful to remember that not all scenarios involving a &quot;collapse&quot; are the *equivalent of a zombie apocalypse*! Sheesh. In a scenario where fiat money becomes worthless, the whole planet isn&#039;t going to explode, and gold will be the free market&#039;s choice of money, most likely, because it still has all the qualities that Menger described as those of good money. 

As far as the economics of The Walking Dead: I think they are horrible. The writers have kneejerked into a Hobbesian nightmare vision of anarchy which, I&#039;ve gotta say, you kind of sound like you are doing as well (referring to the &quot;law of the jungle&quot;). If, as you&#039;ve noted, things like human skills and knowledge are in great demand, then it follows that instead of the few survivors going around shooting each other over one farm *when there are millions of farms out there for the taking for free*, the survivors would be desperately trying to find each other and trade their skills and knowledge.

I like the series but I&#039;m very disappointed that yet another opportunity to show how the economics of self-interest would lead people to cooperate *more*, not *less*, in an anarchic situation has gone begging.]]></description>
		<content:encoded><![CDATA[<p>It&#8217;s probably useful to remember that not all scenarios involving a &#8220;collapse&#8221; are the *equivalent of a zombie apocalypse*! Sheesh. In a scenario where fiat money becomes worthless, the whole planet isn&#8217;t going to explode, and gold will be the free market&#8217;s choice of money, most likely, because it still has all the qualities that Menger described as those of good money. </p>
<p>As far as the economics of The Walking Dead: I think they are horrible. The writers have kneejerked into a Hobbesian nightmare vision of anarchy which, I&#8217;ve gotta say, you kind of sound like you are doing as well (referring to the &#8220;law of the jungle&#8221;). If, as you&#8217;ve noted, things like human skills and knowledge are in great demand, then it follows that instead of the few survivors going around shooting each other over one farm *when there are millions of farms out there for the taking for free*, the survivors would be desperately trying to find each other and trade their skills and knowledge.</p>
<p>I like the series but I&#8217;m very disappointed that yet another opportunity to show how the economics of self-interest would lead people to cooperate *more*, not *less*, in an anarchic situation has gone begging.</p>
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		<title>By: Chris Byrne</title>
		<link>http://www.thelibertypapers.org/2012/03/23/walking-dead-economics/#comment-84211</link>
		<dc:creator>Chris Byrne</dc:creator>
		<pubDate>Fri, 23 Mar 2012 23:20:40 +0000</pubDate>
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		<description><![CDATA[I&#039;ve been telling people the same thing for years, including on these pages. 

My holdings aren&#039;t in gold, they&#039;re in non-perishable foods, generators, machine tools and supplies; high quality, reliable firearms in useful chamberings, and parts, ammunition, and reloading components in useful chamberings etc...]]></description>
		<content:encoded><![CDATA[<p>I&#8217;ve been telling people the same thing for years, including on these pages. </p>
<p>My holdings aren&#8217;t in gold, they&#8217;re in non-perishable foods, generators, machine tools and supplies; high quality, reliable firearms in useful chamberings, and parts, ammunition, and reloading components in useful chamberings etc&#8230;</p>
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