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NEF: Calcuating the real value to society of different professions

  • 15-12-2009 1:53am
    #1
    nesf
    Registered Users, Registered Users 2 Posts: 27,644 ✭✭✭✭


    http://www.neweconomics.org/sites/neweconomics.org/files/A_Bit_Rich.pdf

    Personally I think it's one of those times when people set out with a theory and then found some anecdotes to "prove" their theory but no effort was made to actually "model" what's the cause of the inequality which might actually be useful to someone but meh, I thought some on here might find it interest to read or to tear apart.


Comments

  • #2
    [Deleted User]
    Posts: 5,589 ✭✭✭ [Deleted User]


    Not the best paper I've ever read. Very narrow analysis over a very shallow time period and full of evocative, bolded text.

    Why also are they attacking minimum wage as a failure of equality? I would not have thought that min wage was a tool designed to create wage equality, but rather to ensure a minimum standard of living.

    The technical notes are a laugh as well.


  • #3
    ED 209
    Closed Accounts Posts: 44 ✭ED 209


    Seems like Karl Marx wrote it.


  • #4
    Ostrom
    Registered Users, Registered Users 2 Posts: 3,483 ✭✭✭Ostrom


    ED 209 wrote: »
    Seems like Karl Marx wrote it.

    'Social Value'....socially necessary labour time? :)


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