The correct citation for the Wired article on Julian Simon is at http://www.geocities.com/new_economics/malthusianism/doomslayer-simon.txt
The NYT article on Lomborg is at http://www.geocities.com/new_economics/malthusianism/lomborg.txt Some parenthetical comments relating to these issues: The displacement of labor displaces the incomes that were formerly going to labor even if that labor is being displaced into alternative employment. That displaced income accrues to capital as increasing profits to the entrepreneurs who introduce the labor saving technology, but does not automatically translate into proportionally increasing income to the "owners" of capital. So the "ownership solution" is no solution at all. No fund exists from which "full payout" of earnings can be paid from profits inasmuch as profit accues to capital (or "net worth") and does not exist in the form of money. A system with fully coopoerative ownership would require the social credit dividend as much as the present system to achieve technical efficiency in the financial sense inasmuch as the dividend is nothing an accounting adjustment to make everything mesh. The displacement of resources reduces the incomes of consumers exactly like the displacement of labor reduces the incomes of consumers in respect to the costs of production that are charged to consumers in retail prices, inasmuch as the displaced resources are owned by people who derive incomes through their ownership of the resources. ____________________________________________________________ Get advanced SPAM filtering on Webmail or POP Mail ... Get Lycos Mail! http://login.mail.lycos.com/r/referral?aid=27005 --^---------------------------------------------------------------- This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html --^----------------------------------------------------------------
