Re: MD economics of want and greed 7 (end)

From: abahn@comcast.net
Date: Tue Nov 04 2003 - 20:34:00 GMT

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    David and Wim,

    From an economic standpoint David has the correct interpretation of satisfying wants in an economy being inside if they can command a price in the market place. And wants outside as those which would not command a price in the market place. David wants individuals to put some value on these wants. In economic terms these would be called non-market goods and would not be considered part of the economiy in the modern sense. I think Wim would like to expand the economy to include all wants (market and non-market) and he is right to do so. But from an economic standpoint there still needs to be a mechanism for distributing non-market goods.

    not complainin' just explainin'
    Andy
    > Hi Wim
    >
    > I mean that some wants are non-material
    > and these are outside of the economy, and we
    > can devote less time to the economy and material needs/consumption.
    >
    > regards
    > DM
    > ----- Original Message -----
    > From: "Wim Nusselder" < >
    > To: < >
    > Sent: Monday, November 03, 2003 8:51 PM
    > Subject: Re: MD economics of want and greed 7 (end)
    >
    >
    > > Dear David M.,
    > >
    > > How do you define 'the economy' if satisfying (some) wants can be outside
    > > it?? Not the way I do, apparently ('the way in which we organize that
    > people
    > > get what they want').
    > >
    > > With friendly greetings,
    > >
    > > Wim
    > >
    > > ----- Oorspronkelijk bericht -----
    > > Van: "David MOREY" < >
    > > Aan: < >
    > > Verzonden: maandag 3 november 2003 21:21
    > > Onderwerp: Re: MD economics of want and greed 7 (end)
    > >
    > >
    > > > Hi
    > > >
    > > > Seems important to me that we satisfy many of our
    > > > wants outside of the economy, helping to undermine
    > > > an economics that depends on growth. Take a seat relax,
    > > > do nothing, read an old book, put off that shopping trip.
    > > > But as we all become unemployed it will get tough. Seems
    > > > to me that in many jobs there is becoming less and less efficient
    > > > working practices, lots of paperwork and nothing
    > > > made or done.
    > > >
    > > > regards
    > > > DM
    > >
    > >
    > >
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