Law School Discussion

need help with following LR

need help with following LR
« on: September 20, 2007, 10:19:03 PM »
First of all,
What the hell is this:

Editorialist: Despite the importance it seems to have in our lives, money does not really exist. This is evident from the fact that all that would be needed to make money disappear would be a universal loss of belief in it. We witness this phenomenon on a small scale daily in the rises and falls of financial markets, whose fluctuations are often entirely independent of concrete causes and are the result of mere beliefs of investors;

The conclusion of the editorialist's argument can be properly drawn if which one of the following is assumed?

A) anything that exists would continue to exist even if everyone were to stop believing in it.

Re: need help with following LR
« Reply #1 on: September 20, 2007, 10:44:14 PM »
First of all,
What the hell is this:

Editorialist: Despite the importance it seems to have in our lives, money does not really exist. This is evident from the fact that all that would be needed to make money disappear would be a universal loss of belief in it. We witness this phenomenon on a small scale daily in the rises and falls of financial markets, whose fluctuations are often entirely independent of concrete causes and are the result of mere beliefs of investors;

The conclusion of the editorialist's argument can be properly drawn if which one of the following is assumed?

A) anything that exists would continue to exist even if everyone were to stop believing in it.


First, notice that the question is asking for a sufficient condition, which means that the answer, if true and combined with the premises, leads to the concluion.

P1: Loss of belief in money -> money dissappears because of loss of belief in it

--------------
conclusion: money does not really exist.

missing premise: money dissapears because of loss of belief in it -> money does not really exist
Contrapositive of missing premise: Money does really exist -> Money would not dissapear because of loss of belief in it.

Do not be confused by the use of "anything." Money, and all other objects, fall within the scope of "anything." Put another way, a statement that applies to "anything," applies to money as well.

Re: need help with following LR
« Reply #2 on: September 21, 2007, 11:49:43 PM »
thank you so much!!!