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Austerity is like a staring contest. Whoever has the deeper pockets wins, therefore in the political tug-of-war to decide who tightens their belt, it's the mass of people with no wealth that lose out. The wealthy can outlast the poor by eating the seed corn.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Carrie (migeru at eurotrib dot com) on Sun Jun 6th, 2010 at 12:30:45 PM EST


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Sun Jun 6th, 2010 at 12:56:52 PM EST
[ Parent ]
I think this cartoon is also the answer to my question to kcurie to substantiate the claim that you cannot have feudalism and advanced technology.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Carrie (migeru at eurotrib dot com) on Sun Jun 6th, 2010 at 02:19:06 PM EST
[ Parent ]
Here is the toy model to proof it.

http://issuu.com/delong/docs/20090826_lecture_4

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Sun Jun 6th, 2010 at 03:20:40 PM EST
[ Parent ]
No, the model is not there...

But the argument is there.

Let's see if I find the model...

geee

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Sun Jun 6th, 2010 at 03:23:29 PM EST
[ Parent ]

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