Re: Mind's Eye efficiency

Worse still Mal much that counts in GDP would be a cost not benefit in
business. Don's point on bent economists is made in a number of
lengthy articles that can be seen in gist at
http://www.nakedcapitalism.com/2012/01/bloomberg-news-joins-the-inside-job-team-objects-to-economics-inadequate-conflict-of-interest-standards.html
- and I'm afraid I think the whole of academe is now severely corrupt.

On Jan 12, 9:27 pm, malcymo <malc...@gmail.com> wrote:
> I particularly like the idea of GDP growth. Measuring the amount of
> wallowing around whether or not such wallowing about is worth while.
>
> On Jan 12, 11:48 am, archytas <nwte...@gmail.com> wrote:
>
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>
>
> > The post you refer to Don - it comes largely from my quarter of the
> > academic game.  I was sacked by the World Bank for not supporting
> > their lies on a tour of eastern Europe just after wall-fall.  I'm not
> > an economist - though good enough to teach it in universities - the
> > whole subject has been up the arse of the worst powerful interests
> > since I can remember.  Most economists are only lawyers with some
> > maths ability.  I'm broadly anti-government wherever it forms from -
> > the key problem with democracy since the Athens one concerns buying
> > votes and populace dumbness.  Economics is a total crock as a science.
>
> > I don't want to see a load of idle creeps get welfare or support other
> > men's kids through payments to serial welfare queens and the like -
> > but when the budget for this is dwarfed by the accumulations of a tiny
> > rich I'm not inclined to think welfare is the first problem.  The rich
> > don't work hard or even smart for their money.  They have bought
> > government.  The question for my kind of economics is how to develop
> > systems with fairer outcomes without the kind of crude dictatorship
> > Obama and his ilk represent.  My guess is at least 50% of current work
> > is completely wasted effort and the world needs less of it.  A big
> > problem arises in majority voting and makes me think we need some
> > other ideas on democracy.  Until we sort something at this level the
> > maths of economists is as irrelevant as it would be in convincing me
> > not to shoot them given the chance.
>
> > Obama should set cops onto the banksters - but in fact is preventing
> > this.  Romney is on their side and one of them anyway - some
> > democratic choice!  It's the same here.
>
> > On Jan 10, 1:52 pm, Allan H <allanh1...@gmail.com> wrote:
>
> > > I know congress  has effectively stolen then money with IOU  but and I
> > > repeat But IOUs need to be repaid..  The US congress (Both of them ) always
> > > but people rant their masters chants...   Maybe the IOU's need to be paid
> > > for by those that signed for them  like taking their assests and pay of
> > > both senators and congress people.
>
> > > It is not just the federal but state and local..  the bribery of the
> > > businesses are abundant
>
> > > Until all government and all of its branches are held accountable to all
> > > pre bush laws (Totally getting rid of every line and expansion of the home
> > > land security act  restoring the bill of rights and the constitution..  The
> > > US is not going to change..
>
> > > I fought for my country,,,  and I hate seeing the US wasted by greed and
> > > the super corporate citizen,
> > > Allan
>
> > > On Tue, Jan 10, 2012 at 12:16 PM, Don Johnson <daj...@gmail.com> wrote:
> > > > And there-in lies the "Great Lie" Allan. Social security is
> > > > most definitely NOT anything like a pension plan. It is simply a tax.
> > > > Perhaps it was planned to be used as a pension but massive raiding and
> > > > silly IOUs from our Congress have made such a mockery. They have promised
> > > > too much and the sooner we all(Americans) come to terms with that the
> > > > sooner we can start an actual recovery. As far as federal government
> > > > pensions, yes, they are far, far too generous. While the private sector
> > > > wallows in bankruptcy and over regulation and layoffs the feds all get
> > > > raises. That's how it works. Then taxes are raised to pay for the raises.
> > > > Why not pay folks what they're worth and let them buy their own insurance,
> > > > healthcare and perks? Tax that income fairly across the board and the
> > > > wealthy will pay more. Too much shenanigans, too much cronyism. Fairly
> > > > makes me sick.
>
> > > > You hear about this Archie? I reckon you have and that's what got you
> > > > started on this kick in the first place.
>
> > > >http://online.wsj.com/article/SB1000142405297020343690457714894041066...
>
> > > > If you can't read it I'll paste it. Money grubbers block the article from
> > > > non-subscribers sometimes. Bastards.
>
> > > > dj
>
> > > > On Tue, Jan 10, 2012 at 3:21 AM, Allan H <allanh1...@gmail.com> wrote:
>
> > > >> Okay Don  speaking of out of control..
> > > >> Defense sure out of control and excessive..
> > > >> And ..
>
> > > >> On Tue, Jan 10, 2012 at 12:04 AM, Don Johnson <daj...@gmail.com> wrote:
>
> > > >>> The loopholes available to super-corps have always bothered me. Farm
> > > >>> subsidies overwhelmingly give tax breaks to huge corps. I'd like to even
> > > >>> things up. Remove the loopholes and tax fairly across the board. The
> > > >>> wealthy will pay more, without doubt. The well off will pay more. In
> > > >>> conjunction with that I would hope there would be some much needed reform
> > > >>> in our(Americas) out of control entitlements. Social Security, Welfare,
> > > >>> Medicare, etc.
>
> > > >> Don I hear of out of control entitlements,,   well Don SS  is and
> > > >> entitlement that  everyone including the poor pay for,,  in the form of
> > > >> social security taxes,,   it has nothing to do with the budget  because it
> > > >> does not come out of the General budget..  except
> > > >> the Conservative politicians  would have you believe differently.....  What
> > > >> you are saying it is a criminal act to take care of your fellow man..  and
> > > >> your fellowman is not entitled to anything...
>
> > > >>  Let us examine entitlements of exactly the same as SS..  Say State
> > > >> employee retirement..  now these generous pensions are all paid for by the
> > > >> taxpayer so therefore they are entitlements,, and should be completely
> > > >> removed,,   or teacher retirement   unless it is a totally private school
> > > >> or university they are completely funded by the taxpayer  therefore a
> > > >> entitlement... Even all Federal, state, county city law enforcement and
> > > >> fire fighters retirements and pensions should be immediately discontinued .
> > > >>   because they are a taxpayer funded entitlement that should be completely
> > > >> discontinued...  I have not even said anything about the defense department
> > > >>  and it is in the same class....
>
> > > >> The worst part of it is,,  even any contribution payed by these classes
> > > >> of employees are paid for in reality by the taxpayer.. simply because
> > > >> though the state is paying their wages and benefits  these fund are
> > > >> supplied by the taxpayer..
>
> > > >> I know it is a pet thing for politicians to scream entitlement and point
> > > >> their finger at Social programs, which is not paid for by taxpayers  but by
> > > >> every working  man woman and child with their wages,,  my first job was
> > > >> setting tins at a bowling alley and I receive 11 cents per line and  was
> > > >> paid 10 cents and one cent went in for my social security fund..  it was
> > > >> not a tax..  How do I know  well 11 or 12 years ago  I stumbled across my
> > > >> old pay stubs
>
> > > >> If we want to remove entitlements let us begin with those of the
> > > >> politicians  (all levels)  A Senator worth over 250 billion dollars does
> > > >> not need any entitlements what so ever..  plus there is need a in
> > > >> depth analyses. as where the money came from.
> > > >> Allan
>
> > > >> PS I am not for cutting retirement or medical for government employees
> > > >>  except maybe for politicians..
>
> > > >> --
> > > >>  (
> > > >>   )
> > > >> |_D Allan
>
> > > >> Life is for moral, ethical and truthful living.
>
> > > --
> > >  (
> > >   )
> > > |_D Allan
>
> > > Life is for moral, ethical and truthful living.- Hide quoted text -
>
> > - Show quoted text -

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