tag:blogger.com,1999:blog-2761684730989137546.post7739099387879060597..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: Lord Keynes — On the Value of Work in a Social Democracymike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-85037204455889124412016-05-29T14:14:37.511-04:002016-05-29T14:14:37.511-04:00Lord Keynes is a joke. He's obviously EXTREMEL...Lord Keynes is a joke. He's obviously EXTREMELY knowledgeable. I've followed his blog for a few years now and left numerous comments there. But curiously he has recently turned violently anti-immigration, which is not a view one is supposed to hold in polite British middle class, educated, academic circles.<br /><br />I tried to point out that his views on immigration are much the same as Britain's far right. But that's obviously a bit of a touchy point for him, so he doesn't publish my comments on that topic. Hilarious. Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-34486209124094329292016-05-28T18:20:58.778-04:002016-05-28T18:20:58.778-04:00There's a perception that make-work projects a...There's a perception that make-work projects are wasteful, and that only the private sector can create jobs.<br />There's the belief that full employment will drive inflation.<br />There's the belief that unemployment cannot be lowered beyond NAIRU.<br />The argument that a minimum wage results in unemployment.<br />The argument that welfare reduces the incentive to look for work and accept any job.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-3590669800535234902016-05-28T17:14:50.422-04:002016-05-28T17:14:50.422-04:00But let's say that a lot of worthwhile work no...But let's say that a lot of worthwhile work not being done would require jobs being created to accomplish it?<br /><br />Then why aren't those jobs being created now? Isn't it because of lack of purchasing power in the hands of the cheated/needy? Eg., think of the new dentists that could be employed if the entire population could afford to get their teeth fixed?<br /><br />So the problem is NOT lack of jobs per se but lack of economic justice and wasting the time and energy of the unemployed public with a JG is just insane if not wicked. Instead we need a BIG and asset redistribution so that truly needed jobs and work may get done.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39327087643261793092016-05-28T15:56:09.975-04:002016-05-28T15:56:09.975-04:00Work is undoubtedly good so we should make sure th...Work is undoubtedly good so we should make sure that all may work.<br /><br />But who says being able to work requires a job? Much less a job created just to occupy one's time and consume one's energy, ie. a JG?<br /><br />I've had jobs where I could have sat around and gotten paid for doing nothing at times when there was little for me to do. Luckily, I had flexible hours so I could split during such times even though it meant less hours "worked" and thus less pay.<br /><br />The point is this one can have work without a job and a job without work. So why insist on conflating the two?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com