Re: National Socio-Economic Security Need for Encryption Technology

Blanc Weber wrote:

>>From: 	Bart  Croughs
>
>You haven't answered this question yet. I don't claim that the U.S. is worse
>off when US capital moves abroad. I only ask: how can you proof that the US
>isn't worse off when US capital moves abroad? 
.............................................................


You have to be able to imagine the advantages, and you can only imagine
them when you have the background to understand the difference between
having fewer choices rather than more, a limited market base rather than
an open one full of unlimited opportunity, and the increased domestic
tensions from frustrated consumers who are likely to set up blackmarkets
as work-arounds to the lack of desired goods & services. 

Essentially, you have to want to see, and work for, the difference
resulting from unprotected markets.   I think people who put up a lot of
objections are afraid and do not want any proof of their error.   You'd
have to hold their nose to the figures, and even then they might close
their eyes....<

You are wrong. I'm not in error; I don't think the US is worse off when US
 capital moves abroad. I just want to know how you can proof it, so I would be
 able to rebut protectionist arguments. I don't know how to prove it. And, 
unfortunately, neither do you. Rhetoric is no proof.

 Bart Croughs

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>From:      Bart  Croughs
>
>You haven't answered this question yet. I don't claim that the U.S. is
>worse off when US capital moves abroad. I only ask: how can you proof
>that the US isn't worse off when US capital moves abroad? 

I recall you were interested in how the Austrians would answer this.  I
think that they would object to the question because of their aversion to
aggregates.  Some individuals are better off and some worse off.  The
Austrians would deny that you can sum the results for individuals and get
a result for the economy as a whole.  This is because of Austrian
subjectivity.

Assume that I move a programming job to India, and make the required
capital investments.

I am presumably better off (otherwise I wouldn't have moved the capital).

The worker I fire here in the US is worse off.

(Other effects you have mentioned go here).

Now, considering only me and the laid off worker, is this change overall
good or bad?  To answer this, you would have to compare the value of my
gain to the value of the workers loss.  But you can't.  Value is
subjective.  And, it only gets harder when you try to take into account
the other people affected.

P.S.
Bart, your quotes of other people are hard to follow.



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--------------------
Scott McGuire <svmcguir@syr.edu>
PGP key available at http://web.syr.edu/~svmcguir