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Subject: 
Re: IP ( was Re: LP POINT 1
Newsgroups: 
lugnet.off-topic.debate
Date: 
Fri, 1 Dec 2000 09:23:59 GMT
Viewed: 
3400 times
  
In lugnet.off-topic.debate, Larry Pieniazek writes:
In lugnet.off-topic.debate, Scott Arthur writes:

It appears I have dug myself a hole. GDP is not a measure of happiness – it
is only a measure of the domestic output of a nation. If wealth were
uniformly distributed, then it could be used as a measure of happiness – but
it is not in the UK, or the US.  (This is taken from my copy of Begg)

Happiness is hard to measure, especially in the aggregate. GDP is at best a
wildly imperfect stand in, but I'm not sure there are better ones. (c.f.
economic theory of law that you turned me on to)

From (I have not read it all):
http://www.theatlantic.com/politics/ecbig/gdp.htm

"As a result the GDP not only masks the breakdown of the social structure
and the natural habitat upon which the economy--and life itself--ultimately
depend; worse, it actually portrays such breakdown as economic gain."

Not sure what to make of that, not even sure what he's trying to say. I'll
try to follow the cite.

I was a little surprised at the difference myself – but your economy has
been in “boom” (under “liberal” control) for some time, while the focus in
the UK has been on low inflation (~2% right now).

We managed to get that as well, though!

Yes, but your economy may be cooling - we have been at about that for a few
years now.


But I do understand your
economy may be cooling

And yours will as well, unfortunately, you're yoked to us,
like it or not,
when we go down, you do too (more, or less, usually more) when we go up,
yours can go up too (more, or less, usually less). We're both mixed
economies, thus there are some linkages that cannot be avoided, unfortunately.

Yep... and there are those in the UK who want us to join NAFTA and leave the
EU :-/

The point is that in terms of material goods (a poor standin for spiritual
happiness, etc.) we can get more of them if we want them, working less hard,
than you can. Even those at the lowest rungs. Money ain't happiness. But it
buys a neato simulation! :-)

Yes, but in the UK/EU we are far less materialistic (I am sure you have
found that). We are dull bunch, we stick our money in the bank rather than
spend it. Whereas, in the US, the average guy/gal does not save – I’m sure I
read US citizens, on average, have more credit than savings.




Despite the difference in GDP etc, I’d still rather live in a society where
education is based on the ability to learn – not the ability to pay.

Fair enough. I just think such a society (in which good things happen,
charity happens, only the unjust suffer) is possible in a market based
system with less tax and less government intrusion. No utopia of course, but
massively better than here, for the haves and the current have nots.

But, I am happy with what you call "government intrusion" and I'd be happy
to pay more tax if my $$ is used well.

Scott A


That's the topic of a different point.



++Lar



Message has 1 Reply:
  Re: IP ( was Re: LP POINT 1
 
(...) Without getting into the question of which is better, it nevertheless still begs the question of why. WHY are you less interested in fun toys? Is it proper for a government to arrange its affairs so that people HAVE to be less materialistic to (...) (24 years ago, 1-Dec-00, to lugnet.off-topic.debate)

Message is in Reply To:
  Re: IP ( was Re: LP POINT 1
 
(...) Happiness is hard to measure, especially in the aggregate. GDP is at best a wildly imperfect stand in, but I'm not sure there are better ones. (c.f. economic theory of law that you turned me on to) (...) Not sure what to make of that, not even (...) (24 years ago, 30-Nov-00, to lugnet.off-topic.debate)

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