I agree Tom, but isn't even saying it a little like the proselytizer's answering
that the problem is not with the product but the salesman?
REH
Tom Walker wrote:
Ray Harrell wrote,
The argument I have made on these lists for a number of years is that this
is all related to value. What
I said
e.g. an operatic part at the Metropolitan costs tops $19,000 per
performance. While the
same part in Vienna can double that. Why is it worth more
in Vienna than here? It
has nothing to do with its inherent value as a major part of a great
work of art. It has
to do with the story that the
Very interesting response Tom, but there are a few problems
with your marriage of the metaphors.
1. Unfortunately, the 19th Century Artists who read the 19th century
economists and participated in the wars, on their side, were often better
composers than the economists were theorists. The
Aw shucks, I was kinda enjoying the mud. I haven't gotten down and dirty in a
while and no one more fun to do it with than yourself.Interesting how the
problem becomes one of how all of those stupendous talents graduating from school
as "professional" actors end up on "Wings" playing
that the older economy wasn't well-measured). So when we speak of work
there is a tendency to speak of the past. The present doesn't seem to fit.
Value-added? Marginal-productivity of labour? Hunhhh?
--
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Subject: Re: Samuelson's lump
Ray E. Harrell:
2. Opera is truly a holistic art form that encompasses
music, drama, dance, the graphic arts, film and anything else that
can be used by the composer. There is nothing about Neo-Classical
Economics that vaguely resembles the whole of human.
Ray,
This is really important. It is something I have wrestled with in the
book. The whole basis for political legitimacy in the industrial age is
property - at first land and latterly machines and buildings. Economists
and lawyers have tried to deal with the issue you raise by creating the
Ray Harrell wrote,
The argument I have made on these lists for a number of years is that this
is all related to value. What one decides to value and pay money for.
Today in the U.S.
they have decided to pay the money they used to pay for the commodity milk,
for stocks and bonds instead. (see