tag:blogger.com,1999:blog-3753486518085091399.post3835564552186995023..comments2024-03-28T21:25:08.138+13:00Comments on Bowalley Road: Listening To Kate Raworth On "Nine To Noon".Chris Trotterhttp://www.blogger.com/profile/09081613281183460899noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3753486518085091399.post-78734209111420148422019-03-21T20:53:12.786+13:002019-03-21T20:53:12.786+13:00Thought for a minute you were revealing something ...Thought for a minute you were revealing something about Kathryn Ryan having an 'interest' in finding a replacement for now threadbare neoliberalism. Then I saw the conditional. Threadbare? Dead, in all but the complacent self-interested ruling class it's left in place. After 35 years of thinking he doesn't matter Yertle just needs to hiccup to remove these …<br />sumsuchhttps://www.blogger.com/profile/03133092096534660472noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-52374255828283667712019-03-17T20:59:17.616+13:002019-03-17T20:59:17.616+13:00I have read Raworth's "Doughnut Economy...I have read Raworth's "Doughnut Economy" which impressed me as presentation of (nice) ideas without any practical policy proposition on how to move towards achieving what these ideas hope to achieve.<br />I believe to have understood the latter was meant to be a relatively egalitarian society like a circular doughnut between its inner area of emptiness as poverty (?) and its outer circumference of a certain level of approved maximum net income (?). <br /><br />And of course there would be expected to be fair and egalitarian participation in the responsibilities and benefits within that "doughnut economy".<br /><br />But as Raworth apparently still has not "discovered" the way how to achieve that sort of society(?) - would not the "Ownership Society" working towards at least a minimally meaningful level of personal (retirement, home ownership level) wealth ownership by all citizens eventually be a tangible and measurable goal to get started on, because it seems to fit in perfectly with the "doughnut economy " concept as illustrated by Rawhorth ?<br /><br />However one thing is predictable wit 100% certainty:<br />If we had Raworth as our Minister of Finance, her ministry would be successful through its degree of profitability, or doomed to failure if having to rely of unprofitable borrowing, i.e. borrowing for consumption, not profitable investment. <br /><br />Jens Mederhttps://www.blogger.com/profile/17304734497662325275noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-91936194412843797712019-03-16T23:20:13.642+13:002019-03-16T23:20:13.642+13:00"Why don’t we have such a government?"
...<br />"Why don’t we have such a government?"<br /><br />Lack of understanding and/or courage...by both the politicians AND the electoratepathttps://www.blogger.com/profile/08727942156598555852noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-67165741757846198022019-03-15T23:33:10.998+13:002019-03-15T23:33:10.998+13:00Over a you-tube of Bernie Sanders saying the same ...Over a you-tube of Bernie Sanders saying the same things he does now but back in 1981 I acclaimed on my FB you, Brian Easton and Gould as similar NZ heroes amid hoards of the self-interested over those 40 years. Only my 2 regular age-peer devotees commented. If it were the 1970s with that technology … none of us would have shared our private thoughts. But most of us would be interested in our politics. Atomisation.<br /><br />These days, I like the term 'Godspeed' -- to you, despite...And suddenly I'm shaking hands all over the place when I disliked it, and thought it was on the way out, as a teenager. Like marriage. <br /><br />Good days -- we had possibilities. Before Roge decided the solution to plenty was to go back to scarcity. Another peer of you three hanged himself in Napier Cemetary in protest. He was as right as youse.<br /><br />sumsuchhttps://www.blogger.com/profile/03133092096534660472noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-40974910730840197652019-03-15T22:21:26.663+13:002019-03-15T22:21:26.663+13:00Just listen to MMT. Bill Mitchell, Stephanie Kelt...Just listen to MMT. Bill Mitchell, Stephanie Kelton and Randall Wray are all good to listen to. Suspend belief and just listen. Knowledge is power and once you are understand how the system works then you can then apply your own ideology. Patriciahttps://www.blogger.com/profile/01509686441858091630noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-53371344618361684232019-03-15T22:12:57.341+13:002019-03-15T22:12:57.341+13:00Do please read or listen to MMT. Bill Mitchell, S...Do please read or listen to MMT. Bill Mitchell, Stephanie Kelton, Randal Wray are all good to listen to. They explain how the system actually works. You can apply your political belief to that knowledge .Knowledge is the most important thing. Just listen to one podcast every day<br />. Suspend instant reactions. Just listen.Patriciahttps://www.blogger.com/profile/01509686441858091630noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-77330393182613781782019-03-15T16:55:22.168+13:002019-03-15T16:55:22.168+13:00Psychologists have known for years that people don...Psychologists have known for years that people don't behave the same way that economists assume they do. And physicists have known for years that the algorithms that conventional economists use are rubbish. There has been in the last few years or so some move towards incorporating decent psychology into economics and certainly some of the articles I've read in the last few years contain mathematics far beyond me. But having studied basic economics for a year at Massey, I came to the conclusion that economists tend to be reasonably rigid. Maybe it just attracts that I love black-and-white sort of personality in the main. And some of the historical examples they gave were in fact just as bad as their psychology. But our present set of politicians seems to be equally rigid. And it seems to me scared. Not sure what we can do about that.Guerilla Surgeonhttps://www.blogger.com/profile/03427876447124021423noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-88007309631986280732019-03-15T16:09:05.337+13:002019-03-15T16:09:05.337+13:00You're actually being unfair on the economics ...You're actually being unfair on the economics profession as it currently stands. There has been a significant shift away from conventional Rational Choice Theory, and towards Behavioural Economics - which specialises in looking how people actually act, via incorporating psychology, sociology, and elsewhere. At the Macroeconomic level, the field is still in flux from 2009. The myth of the perfect market has been shattered, and professional economists know that. It's the politicians (and the media) that are the problem here. <br /><br />Meanwhile, Adam Smith (he of "invisible hand" fame) wrote his book to warn against letting powerful monopoly interests dictate policy. He's not the market fundamentalist he's often characterised as being. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-66963396479350438242019-03-15T12:33:11.877+13:002019-03-15T12:33:11.877+13:00'Renegade economics'? Shouldn't it be ...'Renegade economics'? Shouldn't it be othodoxy?BlisteringAttacknoreply@blogger.com