tag:blogger.com,1999:blog-2761684730989137546.post3179466293782343331..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: "Whatsoever may be just I shall be giving you."mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2761684730989137546.post-52885505798012743442012-01-01T17:45:41.737-05:002012-01-01T17:45:41.737-05:00Matt,
There are some interesting observations abo...Matt,<br /><br />There are some interesting observations about money in the Roman Empire in Bill Still's video - <a href="http://www.youtube.com/watch?v=swkq2E8mswI" rel="nofollow">The Secret of Oz</a><br /><br />While the history is good, the solutions are not totally aligned with the MMT paradigm.Clonalhttps://www.blogger.com/profile/18290009954839887975noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-16659449335476857322012-01-01T09:25:57.656-05:002012-01-01T09:25:57.656-05:00Missed this:
" you make them equal to us &qu...Missed this:<br /><br />" you make them equal to us "<br /><br />There is an element of "class" inferred here. Not necessarily "fairness"... I missed that... <br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-11791852025336529272011-12-31T16:17:21.544-05:002011-12-31T16:17:21.544-05:00Peter,
It seems the Lord supports your JIG ;) I ...Peter,<br /><br />It seems the Lord supports your JIG ;) I read your BIG post and something clicked wrt my understanding of Mat 20 here... thanks!<br /><br />The blogs seem like a re-emergence of The Synagogue (to the chagrin of The Academy).<br /><br />... understanding of MMT is in view here too as I dont think one can see this parable this way without understanding MMT...<br /><br />I don't know how a nominal Christian can now justify their advocacy for the NAIRU... that is just hard for me to understand at this point.... <br /><br />Looking into this further: The Roman "As" seems to have emerged soon after Jesus told this parable:<br /><br />http://finds.org.uk/database/search/results/denomination/17/ruler/244<br /><br />Some records of this smaller denomination in Brittania here under Tiberius (Minted AD 35-37).<br /><br />So they might have started to lose their price anchor once they issued the As under the Denarius and it was downhill from there, lost their labor price anchor or something.<br /><br />If the As had been issued, now the householder could have paid the part-day workers less than the full-day workers.<br /><br />But notice it is not that the full-day workers expect the part-day workers to be paid LESS, it is that the full-day workers expect to be paid MORE; this leads me to believe that the 'Denarius' was the smallest denomination issued ('As' not yet issued).<br /><br />You may not have been able to ask someone: "hey buddy, can I get change for this Denarius?" (Hard to buy small items so they probably just gave it to you...think about today where we charge people to buy a bottle of WATER no less... things look very different back then)<br /><br />So perhaps there is something to be gleaned from this as far as a future system design; you fix your day wage to the smallest unit issued or something like that... would seem pretty radical, need to think about this some more...<br /><br />Cheers!Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-80276659440095709162011-12-31T15:40:03.823-05:002011-12-31T15:40:03.823-05:00But in His Kingdom there will be concentrated land...But in His Kingdom there will be concentrated land ownership and power relationships between owners and employees. I think I'll pass on His Kingdom.Jimnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-43323864707399439252011-12-31T14:53:48.203-05:002011-12-31T14:53:48.203-05:00Matt,
very well stated. Very insightful take on M...Matt,<br /><br />very well stated. Very insightful take on Matthew 20Clonalhttps://www.blogger.com/profile/18290009954839887975noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-86654756368757804772011-12-31T03:46:38.043-05:002011-12-31T03:46:38.043-05:00Love it, Matt. And such an elegant presentation. C...Love it, Matt. And such an elegant presentation. Cheers.peterchttps://www.blogger.com/profile/01617954484867427637noreply@blogger.com