tag:blogger.com,1999:blog-274643705736742657.post2747728458857011173..comments2024-01-25T21:59:49.727-08:00Comments on .: Caveman economicsSanta Barbara Daily Soundhttp://www.blogger.com/profile/17035136724518874622noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-274643705736742657.post-67622436753406682212008-07-11T09:21:00.000-07:002008-07-11T09:21:00.000-07:00Actually, from an economic perspective a middle cl...Actually, from an economic perspective a middle class is necessary for the long-term health of a community. By artificially limiting the amount of land available to develop and keeping the density of housing low to a level below that of demand, the city of Santa Barbara has systematically squeezed out the middle class. Without housing, no middle class will stay. As witness to this policy, Santa Citizen Bryanhttps://www.blogger.com/profile/00696017404649647943noreply@blogger.comtag:blogger.com,1999:blog-274643705736742657.post-85278735009543622152008-07-09T11:35:00.000-07:002008-07-09T11:35:00.000-07:00Economic policy is easily evaluated- does it put p...Economic policy is easily evaluated- does it put people to work? <BR/>If yes, then good policy. If not, then bad. <BR/>By this criteria, New Deal was good.<BR/>For better or for worse, the only fully collective expression is government. The 'market' has no mechanisms for values of collective assets, be they the air, water or fishery. Until economics is adjusted to deal with the laws of physics Patrickhttps://www.blogger.com/profile/17541831184578465985noreply@blogger.comtag:blogger.com,1999:blog-274643705736742657.post-15806714601260121492008-07-08T20:27:00.000-07:002008-07-08T20:27:00.000-07:00Interestingly written...as if anyone who disagrees...Interestingly written...as if anyone who disagrees is a "caveman". I'm not a believer in Adam Smith's Invisible Hand always rushing to the scene in time to save us all from disaster, but then again I don't believe in the Tooth Fairy showing up tonight to pay my dental bills, either (damn). Examples of market failure, such as the over 18,000 Americans who die annually due to lack of health Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-274643705736742657.post-11299941205857790802008-07-08T18:34:00.000-07:002008-07-08T18:34:00.000-07:00As usual, Alcorn is wrong in every possible way. A...As usual, Alcorn is wrong in every possible way. And this time, the polls show that great majority of Americans know better.jqbhttps://www.blogger.com/profile/07510836914645398165noreply@blogger.com