tag:blogger.com,1999:blog-4900303239154048192.post2770799897438594978..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Channeling Great Grandfather Mayer May Unknownnoreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4900303239154048192.post-12109944453493462162022-05-03T13:48:36.863-04:002022-05-03T13:48:36.863-04:00Again, please understand I am appreciative of all ...Again, please understand I am appreciative of all you write but that does not seem to come across properly at times. What I do not understand I point to, but never ever with an intent to be disrespectful. I will be more careful with my language, but I completely respect and am grateful for your ideas.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-20801562525290537292022-05-03T05:37:08.507-04:002022-05-03T05:37:08.507-04:00In my value system, work that is genuinely product...In my value system, work that is genuinely productive of a better world is good. But "work" that is destructive is not good. Historically, capitalism generates increasingly more of the latter kind of "work."<br /><br />[ Understood, and very important. ]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-56115279363688529622022-05-03T05:35:07.147-04:002022-05-03T05:35:07.147-04:00Thank you so much for explaining. I should have a...Thank you so much for explaining. I should have asked the question about meaning more politely and certainly meant no possible offense since the comment that puzzled me still seemed important and given the explanation is properly meaningful to me.<br /><br />Your response is excellent, and in understanding I agree with the argument.<br /><br />"Let's just say that you and I have two different value systems."<br /><br />From my perspective, I find what I understand of your value system completely agreeable. I am so grateful for the patient explanation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-76318753051138305532022-05-02T17:38:20.893-04:002022-05-02T17:38:20.893-04:00"...this comment makes no real sense though I..."...this comment makes no real sense though I have read it a number of times..."<br /><br />Let's just say that you and I have two different value systems. You say you don't understand mine. I don't understand your incomprehension. <br /><br />I understand your prioritizing of work. I have spent my whole life studying it, as have you. <br /><br />In my value system, work that is genuinely productive of a better world is good. But "work" that is destructive is not good. Historically, capitalism generates increasingly more of the latter kind of "work."<br /><br />For example, say it takes $26 worth of uncompensated damage to the environment to produce a $25 trinket. A factory that produces hundreds of thousands of those trinkets creates hundreds of jobs. Are people better off because they now have more trinkets or are they worse off because the environment is being destroyed?Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-66254990518565138202022-05-02T16:03:02.554-04:002022-05-02T16:03:02.554-04:00Also, I thought this utterly brilliant and just wh...Also, I thought this utterly brilliant and just what your excellent reading have shown me:<br /><br />http://www.china.org.cn/china/2022-04/26/content_78187071.htm<br /><br />April 26, 2022<br /><br />The priority of developing the philosophy and social sciences with Chinese characteristics is to establish an independent knowledge system.<br /><br />Xi JinpingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-71892869533900272582022-05-02T14:50:34.111-04:002022-05-02T14:50:34.111-04:00What if rest is the core of a human economy and pr...What if rest is the core of a human economy and productive work is necessary but peripheral? <br /><br />[ Forgive me, but this comment makes no real sense though I have read it a number of times. I do not understand the complaint about work in general, which seems self-defeating if development is going to be possible. ]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-3630735037897287442022-04-29T12:31:28.052-04:002022-04-29T12:31:28.052-04:00https://fred.stlouisfed.org/graph/?g=ycFp
January...https://fred.stlouisfed.org/graph/?g=ycFp<br /><br />January 15, 2018<br /><br />Germany, France and Euro Area Unemployment Rates, 2017-2018<br /><br />[ The difference between France and Germany is telling of the German job sharing and like efforts at employment. ]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-23626833483497025852022-04-29T09:53:46.136-04:002022-04-29T09:53:46.136-04:00Yes, your "lump of labor" argument was c...Yes, your "lump of labor" argument was correct as even the unemployment experience in the US since 2017 shows.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-50846969631819962522022-04-29T09:49:31.931-04:002022-04-29T09:49:31.931-04:00http://hussonet.free.fr/lumplab.pdf
2000
The &qu...http://hussonet.free.fr/lumplab.pdf<br /><br />2000<br /><br />The "Lump-of-Labor" Case Against Work-Sharing:<br />Populist Fallacy or Marginalist Throwback?½<br />By Tom WalkerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-74240594139638127392022-04-29T09:48:26.659-04:002022-04-29T09:48:26.659-04:00A thought I am working through; I think that the e...A thought I am working through; I think that the experience of countries in the Euro Area from 2007 on show that having "lumps of labor" is no mirage but real:<br /><br />https://fred.stlouisfed.org/graph/?g=OFjw<br /><br />January 15, 2018<br /><br />Unemployment Rate for Euro Area, Italy and Spain, 2007-2018<br /><br />I finally think you have been right and the likes of Paul Krugman have been wrong on the matter.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-66639554777296591312022-04-27T11:58:23.927-04:002022-04-27T11:58:23.927-04:00Thank you, anne!Thank you, anne!Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-35029420462751724682022-04-27T07:56:27.260-04:002022-04-27T07:56:27.260-04:00The sense of how and why you study and write is in...The sense of how and why you study and write is inspirational; a fierce concentration and determination.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-39218855683278346282022-04-26T15:59:22.458-04:002022-04-26T15:59:22.458-04:00The earliest customs of peoples seem to send us a ...The earliest customs of peoples seem to send us a warning that in accepting what we receive so abundantly from nature we should guard against a gesture of avarice. For we are able to make Mother Earth no gift of our own....<br /><br />[ really, really nice. ]Anonymousnoreply@blogger.com