As a fellow named John Kenneth Galbraith remarked fifty-odd years ago: "If we are concerned about our great appetite for materials, it is plausible to seek to increase the supply, to decrease the waste, to make better use of the stocks that are available, and to develop substitutes. But what of the appetite itself? Surely this is the ultimate source of the problem. If it continues its geometric course, will it not one day have to be restrained? Yet in the literature of the resource problem this is the forbidden question. Over it hangs a nearly total silence. It is as though, in the discussion of the chance for avoiding automobile accidents, we agree not to make any mention of speed!"
(or, not to gainsay Richard M. Nixon, "They invite us to join them in playing what is rapidly becoming the most fashionable political parlor game of our time—a game we might call growthmanship...") On Sun, Jan 11, 2009 at 7:43 PM, Max B. Sawicky <[email protected]> wrote: > Third, the whole emphasis now is on reducing an "output gap" (7% says CBO). > But in consideration of T. 'Father Time' Walker, this is not the way to go. > We > have rather a well-being gap that is not necessarily served by policies > aimed at > (and succeeding in a limited way) herding people back into employment. -- Sandwichman _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
