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Article #1878

Re: Property Rights

#1878
From: Brett A. Pasternack
Date: Fri, 01 Jul 2005 23:37
23 lines
2683 bytes
Crandall wrote:
>>>The property owners will, I'm sure, be paid more than their
>>>property is worth (though of course that was not the point of
>>>their suit).
>>
> 
> 
> "David Marc Nieporent"
> 
>>No; by definition, they're being paid less than the property is worth to
>>them.  If they were being paid more, they'd sell.
> 
> 
> 
> This is a statement of faith, not fact. It begins with the premise that 
> prices are exactly set by their value, and that dollars are a possible way 
> to measure things like value.

His statement is correct inasmuch as he said "worth *to them*" (emphasis 
added).

The question is whether or not it was valid to substitute "worth to 
them" for "worth" in your post.
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Date: Fri, 01 Jul 2005 19:37:27 -0400
From: "Brett A. Pasternack" <brettalan@erols.com>
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Newsgroups: la.general,ca.general,scruz.general,misc.survivalism,alt.tv.the-west-wing
Subject: Re: Property Rights
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