RE: Re: Re: Re: Re: Re: Re: Re: WSJ - Is This A Great Country?

2003-04-03 Thread Tom Kruse
Money does not cause happiness, but it sure as hell is often necessary for the conditions within which _other_ things can bring about happiness. Didn't Lou Reed say Money can't buy you love, but it can get you a Cadillac to go look for it? Tom -- Tom

Re: Re: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Waistline2
In a message dated 4/1/03 2:56:55 PM Pacific Standard Time, [EMAIL PROTECTED] writes: With my post I was hoping to encourage a discussion -- and get an answer -- of how to make clear to the vast majority that their dreams of being rich will never be realized. Any help? Gene Coyle The

RE: Re: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Max B. Sawicky
Better, I say, to have a political program that speaks to individuals' ability to take the most practical route out of wage slavery -- going into business for themselves. I presume you mean collectively, in coops and the like? jks Facilitating coops is important, but I also mean

Re: RE: Re: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread andie nachgeborenen
That's nuts. You know the failure rates for small business better than I do. I just know that it is veryhigh. And how amny of self-employed or entrepreneurs go into their 60s (or 70s) with enough to retire on decently? jks "Max B. Sawicky" [EMAIL PROTECTED] wrote: Better, I say, to have a

Re: RE: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Michael Perelman
Wierdly enough, the idea that people can become rich worked less during the 60's when the likelihood of becoming well off was higher. How much is the fear of being poor operative today rathern than a dream of becoming rich? On Wed, Apr 02, 2003 at 01:02:19PM -0800, Devine, James wrote: it makes

RE: RE: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Max B. Sawicky
What's the difference? The individual will prefer to be the judge of whether he or she ought to put in the effort required to beat the odds. mbs I don't tell people that they'll never get rich. Rather, I present the evidence and logic that says that only a small percentage of them will.

RE: Re: RE: Re: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Max B. Sawicky
I know the failure rate is high. But a person could fail more than once and still make it eventually. The real issue I think is mobility. We know there's a lot of immobility. Make it numbingly simple. Suppose you have a 90 percent chance of getting nowhere, and a 10 percent chance of getting

Re: Re: Re: Re: WSJ - Is This A Great Country?

2003-04-02 Thread joanna bujes
At 02:53 PM 04/02/2003 -0800, you wrote: There is a minor branch of economic (twig?) that studies the determinants of happiness. Happiness does not seem to increase once a society reaches about $15,000 a year. Happiness instead is determined by relative status. Economists are clueless. To quote

Re: RE: Re: RE: Re: RE: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Waistline2
In a message dated 4/2/03 2:17:41 PM Pacific Standard Time, [EMAIL PROTECTED] writes: I know the failure rate is high. But a person could fail more than once and still make it eventually. The real issue I think is mobility. We know there's a lot of immobility. Make it numbingly simple. Suppose

Re: Re: Re: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Waistline2
In a message dated 4/2/03 2:54:16 PM Pacific Standard Time, [EMAIL PROTECTED] writes: People expect, according to surveys, more wealth to make them happy, but happiness seems to depend upon relative status. So if the person in the mirror wants to get rich, on some level he needs to know that

Re: RE: Re: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Ian Murray
- Original Message - From: Max B. Sawicky [EMAIL PROTECTED] Following the wisdom of my guru, the Sage of Saskatoon, I would qualify my remarks by noting that the interest in 'getting rich' is culture dependent in a society where incentives are biased in favor of individual

Re: Re: Re: Re: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Carrol Cox
joanna bujes wrote: At 02:53 PM 04/02/2003 -0800, you wrote: There is a minor branch of economic (twig?) that studies the determinants of happiness. Happiness does not seem to increase once a society reaches about $15,000 a year. Happiness instead is determined by relative status.

Re: Re: Re: Re: Re: Re: WSJ - Is This A Great Country?

2003-04-02 Thread troy cochrane
Having nothing to back this up other than observation, I think happiness is much more related to community than it is to wealth. Unfortunately, the wealthiest countries seem to lack or even have destroyed community. By community I am meaning that you know and have an investment in your neighbours

Re: Re: Re: Re: Re: Re: Re: WSJ - Is This A Great Country?

2003-04-02 Thread Carrol Cox
troy cochrane wrote: Having nothing to back this up other than observation, I think happiness is much more related to community than it is to wealth. Unfortunately, the wealthiest countries seem to lack or even have destroyed community. By community I am meaning that you know and have an