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Thoughts on a Thought Experiment
As I indicated in the original post – Coping with Gas at $100 a Gallon – here are some of the comments on my thought experiment on $100 gasoline. Comments were varied, ranging from things like “thought-provoking”, “great question”, “a good exercise”, and “interesting” – to “absurd”, “silly”, and finally my personal favorite (from the thread at The Oil Drum) “you have gone off the deep end.”
A number of people clearly didn’t understand the purpose of a thought experiment. For instance, it should have been clear that the $100 cost was not important. It could have been $20 or $1,000. The point is to look around you and see how much fat you could cut if you really had to – by imagining gasoline at an outrageously high price. I wanted to stick the cost out so far that you really have to make difficult choices – but I also [...]
Original post by miscellaneous