Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields
What I do have an interest in is having an economy where there are ample income opportunities to be earned from work, so that everyone can have one.
The alternatives are either a huge welfare state, or mass poverty, neither of which I find preferable to shorter working hours and fewer years in the labor pool.
what we are really talking about here is that we will one day soon have an economy in which there is no need for scarcity. At that point, everything that we know about economics will be moot, as economics is the study of scarcity. It would be a piss poor would if we allowed scarcity to exist, when we have the technology (but not the political will power) to eliminate it.
Last edited by HenryChinaski; 11-10-14 at 07:19 PM.
I've read a lot about the way that most professional musicians cobble together a living. It doesn't sound that appealing to me...
A $75 gig on Saturday night, $6.53 in royalty fees from recorded music, $90 for giving three kids lessons twice a week, and a job waiting tables for $2.25 plus tips.