[FRIAM] ill-conceived question

[thompnickson2 at gmail.com]

Colleagues, 

 

I have asked this question before and nobody has responded (for clear and
good reasons, no doubt) but I thought I would ask it again.  What exactly is
this economy we are bent on reviving?  What exactly is the difference in
human activity between our present state and a revived economy.  We can go
to bars and concerts and football games?  Is that the economy we are
reviving?  It seems to me that the difference between a "healty" economy and
our present status consists possibly in nothing more than a lot of people
frantically rushing about doing things they don't really need to do?  

 

You recall that I invoked as a model that experiment in which 24 rats were
put in a quarter acre enclosure in Baltimore and fed and watered and
protected to see how the population would develop.  They never got above two
hundred.  Infant mortality, etc., was appalling.  Carnage.  In the same
space, a competent lab breeding organization could have kept a population of
tens of thousands.  

 

Don't yell at me.  What fundamental proposition about economics do I not
understand? 

 

Nick 

 

Nicholas Thompson

Emeritus Professor of Ethology and Psychology

Clark University

ThompNickSon2 at gmail.com <mailto:ThompNickSon2 at gmail.com> 

https://wordpress.clarku.edu/nthompson/

 

 

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