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but in an economics discussion it is either a non sequitor (if we pay heed to your parenthetical) or it's a contradiction (if we ignore it).

You'd have to explain that one to me. I draw a distinction between preferences and gains from trade. You don't?

But I really take strong issue on this subject. I think fundamentally Russ and Don agree with what I'm saying about the difference between forced autarky and voluntary autarky… but it really makes me scratch my head the way they present it sometimes.

RE: "I chose the loss because I prefer the activity. But that preference doesn't mean that it isn't a (monetary) loss."

Just reread that sentence for me!

This is why I have serious doubts about comments on this blog sometimes. Maybe this comment has some place in a personal finance discussion – but in an economics discussion it is either a non sequitor (if we pay heed to your parenthetical) or it's a contradiction (if we ignore it).