Its a variation on Parkinson's Law   (work expands to fill the time) ...
"Economies expand to keep their populations sedated"

On Sat, May 2, 2020 at 10:17 PM Frank Wimberly <wimber...@gmail.com> wrote:

> Nick,
>
> I suspect that if people only did what they 'need to do' the economy would
> collapse.
>
> On Sat, May 2, 2020 at 10:34 AM <thompnicks...@gmail.com> wrote:
>
>> 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
>>
>> thompnicks...@gmail.com
>>
>> https://wordpress.clarku.edu/nthompson/
>>
>>
>>
>>
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>
>
> --
> Frank Wimberly
> 140 Calle Ojo Feliz
> Santa Fe, NM 87505
> 505 670-9918
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