Re: Fwd: Re: Re: Re: Nice quote
he is citing Keynes in the article. On Thu, Jul 26, 2001 at 07:56:26AM -0400, W. Robert Needham wrote: > A student came up with the following. > > >Date: Wed, 25 Jul 2001 11:20:04 -0700 (PDT) > >From: Monika Zwolak <[EMAIL PROTECTED]> > >Subject: Fwd: Re: [PEN-L:15527] Re: Re: Nice quote > >To: [EMAIL PROTECTED] > >MIME-Version: 1.0 > >Status: > > > >Professor Needham, > > > > > >The second quote is by Richard Douthwaite. Please see: > > > >http://www.cyberus.ca/choose.sustain/growth.html > > > >The first quote is by Ted Winslow. Below is a website that includes the > >entire piece from which the quote was taken: > > > >http://csf.colorado.edu/forums/pkt/2001/msg00937.html > > > > > > > >Monika Zwolak > > > > > > > >> --- "W. Robert Needham" <[EMAIL PROTECTED]> wrote: > >> > >From: "Ian Murray" <[EMAIL PROTECTED]> > >> > >To: <[EMAIL PROTECTED]> > >> > >Subject: [PEN-L:15527] Re: Re: Nice quote > >> > >Date: Wed, 25 Jul 2001 09:14:15 -0700 > >> > >MIME-Version: 1.0 > >> > >X-Priority: 3 > >> > >X-MSMail-Priority: Normal > >> > >X-MIMEOLE: Produced By Microsoft MimeOLE V5.50.4133.2400 > >> > >Reply-To: [EMAIL PROTECTED] > >> > >Sender: [EMAIL PROTECTED] > >> > >Status: > >> > > > >> > > > >> > >- Original Message - > >> > >From: "Ian Murray" <[EMAIL PROTECTED]> > >> > >To: <[EMAIL PROTECTED]> > >> > >Sent: Wednesday, July 25, 2001 9:10 AM > >> > >Subject: [PEN-L:15526] Re: Nice quote > >> > > > >> > > > >> > >> > >> > >> > >> > >> > >> > >> > For 10 points each: name the author and source of the following > >> > >> quote: > >> > >> > > >> > >> > "For the minds of this generation are still so beclouded by bogus > >> > >> > calculations that they distrust conclusions which should be > >> > >obvious, > >> > >> out of > >> > >> > a reliance on a system of financial accounting which casts doubt > >> > >on > >> > >> whether > >> > >> > such an operation will 'pay'. We have to remain poor because it > >> > >does > >> > >> not > >> > >> > 'pay' to be rich. We have to live in hovels, not because we > >> cannot > >> > >> build > >> > >> > palaces but because we cannot 'afford' them. > >> > >> > > >> > >> > "The same rule of self-destructive financial calculation governs > >> > >> every walk > >> > >> > of life. We destroy the beauty of the countryside because the > >> > >> unappropriated > >> > >> > splendours of nature have no economic value. We are capable of > >> > >> shutting off > >> > >> > the sun and the stars because they do not pay a dividend. London > >> > >is > >> > >> one of > >> > >> > the richest cities in the history of civilisation, but it cannot > >> > >> 'afford' > >> > >> > the highest standards of achievement of which its own living > >> > >> citizens are > >> > >> > capable, because they do not 'pay.'" > >> > >> > Tom Walker > >> > >> > Bowen Island, BC > >> > >> > 604 947 2213 > >> > >> > >> > >> I'm pretty sure the 2nd one is John Hobson. My guess is the 1st one > >> > >is > >> > >> too, but I don't have my ref. handy and I've only begun my 1st cup > >> > >of > >> > >> tea.. > >> > >> > >> > >> Ian > >> > >== > >> > >Well since I won't dispute Michael's widsom; I'll only say the 2nd > >> > >sounds very, very similar to Hobson and will dig up the quote later > >> > >today to show the similarities... > >> > > > >> > >Ian > >> > > > >> > > >> > Dr. W. Robert Needham > >> > DEPARTMENT OF ECONOMICS > >> > University of Waterloo > >> > Waterloo, Ontario, Canada, > >> > N2L 3G1 > >> > Tel: 519-885-4567 ext 3949 > >> > Home: 519-578-4143 > >> > http://arts.uwaterloo.ca/ECON/faculty/needham.html > >> > > >> > > >> > >> > >> = > >> Monika Zwolak > >> > >> found in a fortune cookie: > >> "You are a poor, pathetic fool who seeks advice from bakery products." > >> > >> __ > >> Do You Yahoo!? > >> Make international calls for as low as $.04/minute with Yahoo! Messenger > >> http://phonecard.yahoo.com/ > >> > > > > > >= > >Monika Zwolak > > > >found in a fortune cookie: > >"You are a poor, pathetic fool who seeks advice from bakery products." > > > >__ > >Do You Yahoo!? > >Make international calls for as low as $.04/minute with Yahoo! Messenger > >http://phonecard.yahoo.com/ > > > > Dr. W. Robert Needham > DEPARTMENT OF ECONOMICS > University of Waterloo > Waterloo, Ontario, Canada, > N2L 3G1 > Tel: 519-885-4567 ext 3949 > Home: 519-578-4143 > http://arts.uwaterloo.ca/ECON/faculty/needham.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
Fwd: Re: Re: Re: Nice quote
A student came up with the following. >Date: Wed, 25 Jul 2001 11:20:04 -0700 (PDT) >From: Monika Zwolak <[EMAIL PROTECTED]> >Subject: Fwd: Re: [PEN-L:15527] Re: Re: Nice quote >To: [EMAIL PROTECTED] >MIME-Version: 1.0 >Status: > >Professor Needham, > > >The second quote is by Richard Douthwaite. Please see: > >http://www.cyberus.ca/choose.sustain/growth.html > >The first quote is by Ted Winslow. Below is a website that includes the >entire piece from which the quote was taken: > >http://csf.colorado.edu/forums/pkt/2001/msg00937.html > > > >Monika Zwolak > > > >> --- "W. Robert Needham" <[EMAIL PROTECTED]> wrote: >> > >From: "Ian Murray" <[EMAIL PROTECTED]> >> > >To: <[EMAIL PROTECTED]> >> > >Subject: [PEN-L:15527] Re: Re: Nice quote >> > >Date: Wed, 25 Jul 2001 09:14:15 -0700 >> > >MIME-Version: 1.0 >> > >X-Priority: 3 >> > >X-MSMail-Priority: Normal >> > >X-MIMEOLE: Produced By Microsoft MimeOLE V5.50.4133.2400 >> > >Reply-To: [EMAIL PROTECTED] >> > >Sender: [EMAIL PROTECTED] >> > >Status: >> > > >> > > >> > >- Original Message - >> > >From: "Ian Murray" <[EMAIL PROTECTED]> >> > >To: <[EMAIL PROTECTED]> >> > >Sent: Wednesday, July 25, 2001 9:10 AM >> > >Subject: [PEN-L:15526] Re: Nice quote >> > > >> > > >> > >> >> > >> >> > >> >> > >> > For 10 points each: name the author and source of the following >> > >> quote: >> > >> > >> > >> > "For the minds of this generation are still so beclouded by bogus >> > >> > calculations that they distrust conclusions which should be >> > >obvious, >> > >> out of >> > >> > a reliance on a system of financial accounting which casts doubt >> > >on >> > >> whether >> > >> > such an operation will 'pay'. We have to remain poor because it >> > >does >> > >> not >> > >> > 'pay' to be rich. We have to live in hovels, not because we >> cannot >> > >> build >> > >> > palaces but because we cannot 'afford' them. >> > >> > >> > >> > "The same rule of self-destructive financial calculation governs >> > >> every walk >> > >> > of life. We destroy the beauty of the countryside because the >> > >> unappropriated >> > >> > splendours of nature have no economic value. We are capable of >> > >> shutting off >> > >> > the sun and the stars because they do not pay a dividend. London >> > >is >> > >> one of >> > >> > the richest cities in the history of civilisation, but it cannot >> > >> 'afford' >> > >> > the highest standards of achievement of which its own living >> > >> citizens are >> > >> > capable, because they do not 'pay.'" >> > >> > Tom Walker >> > >> > Bowen Island, BC >> > >> > 604 947 2213 >> > >> >> > >> I'm pretty sure the 2nd one is John Hobson. My guess is the 1st one >> > >is >> > >> too, but I don't have my ref. handy and I've only begun my 1st cup >> > >of >> > >> tea.. >> > >> >> > >> Ian >> > >== >> > >Well since I won't dispute Michael's widsom; I'll only say the 2nd >> > >sounds very, very similar to Hobson and will dig up the quote later >> > >today to show the similarities... >> > > >> > >Ian >> > > >> > >> > Dr. W. Robert Needham >> > DEPARTMENT OF ECONOMICS >> > University of Waterloo >> > Waterloo, Ontario, Canada, >> > N2L 3G1 >> > Tel: 519-885-4567 ext 3949 >> > Home: 519-578-4143 >> > http://arts.uwaterloo.ca/ECON/faculty/needham.html >> > >> > >> >> >> = >> Monika Zwolak >> >> found in a fortune cookie: >> "You are a poor, pathetic fool who seeks advice from bakery products." >> >> __ >> Do You Yahoo!? >> Make international calls for as low as $.04/minute with Yahoo! Messenger >> http://phonecard.yahoo.com/ >> > > >= >Monika Zwolak > >found in a fortune cookie: >"You are a poor, pathetic fool who seeks advice from bakery products." > >__ >Do You Yahoo!? >Make international calls for as low as $.04/minute with Yahoo! Messenger >http://phonecard.yahoo.com/ > Dr. W. Robert Needham DEPARTMENT OF ECONOMICS University of Waterloo Waterloo, Ontario, Canada, N2L 3G1 Tel: 519-885-4567 ext 3949 Home: 519-578-4143 http://arts.uwaterloo.ca/ECON/faculty/needham.html
Re: Nice Quote
25 extra credit points to Ian for tracking down the possible inspiration for Keynes' allusion. For all we know, Hobson may have gotten his inspiration from a similar sentiment in an anonymous pamphlet from the 1820s. Ian Murray quoted John Hobson >"It is the denial of this full property which starves our social life >today. Look, for example, at the civic life of an average >municipality in England, the richest country that the world has ever >known. Is this civic life as strong, as rich, as it might be?...Are >its streets, its public buildings worthy of a rich and civilised >community? Is it not a commonplace that these external embodiments of >our civic life are, in every quality of excellence, inferior beyond >all comparison with the attainments of most of the great cities of >antiquity, the private wealth of whose citizens was not one hundreth >part as great as ours?" (from John Hobson's The Social Problem) Tom Walker Bowen Island, BC 604 947 2213
Re: Nice quote
> "The same rule of self-destructive financial calculation governs every walk > of life. We destroy the beauty of the countryside because the unappropriated > splendours of nature have no economic value. We are capable of shutting off > the sun and the stars because they do not pay a dividend. London is one of > the richest cities in the history of civilisation, but it cannot 'afford' > the highest standards of achievement of which its own living citizens are > capable, because they do not 'pay.'" > Tom Walker > Bowen Island, BC > 604 947 2213 "It is the denial of this full property which starves our social life today. Look, for example, at the civic life of an average municipality in England, the richest country that the world has ever known. Is this civic life as strong, as rich, as it might be?...Are its streets, its public buildings worthy of a rich and civilised community? Is it not a commonplace that these external embodiments of our civic life are, in every quality of excellence, inferior beyond all comparison with the attainments of most of the great cities of antiquity, the private wealth of whose citizens was not one hundreth part as great as ours?" (from John Hobson's The Social Problem) Ian
Re: Re: Nice quote
- Original Message - From: "Ian Murray" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, July 25, 2001 9:10 AM Subject: [PEN-L:15526] Re: Nice quote > > > > > For 10 points each: name the author and source of the following > quote: > > > > "For the minds of this generation are still so beclouded by bogus > > calculations that they distrust conclusions which should be obvious, > out of > > a reliance on a system of financial accounting which casts doubt on > whether > > such an operation will 'pay'. We have to remain poor because it does > not > > 'pay' to be rich. We have to live in hovels, not because we cannot > build > > palaces but because we cannot 'afford' them. > > > > "The same rule of self-destructive financial calculation governs > every walk > > of life. We destroy the beauty of the countryside because the > unappropriated > > splendours of nature have no economic value. We are capable of > shutting off > > the sun and the stars because they do not pay a dividend. London is > one of > > the richest cities in the history of civilisation, but it cannot > 'afford' > > the highest standards of achievement of which its own living > citizens are > > capable, because they do not 'pay.'" > > Tom Walker > > Bowen Island, BC > > 604 947 2213 > > I'm pretty sure the 2nd one is John Hobson. My guess is the 1st one is > too, but I don't have my ref. handy and I've only begun my 1st cup of > tea.. > > Ian == Well since I won't dispute Michael's widsom; I'll only say the 2nd sounds very, very similar to Hobson and will dig up the quote later today to show the similarities... Ian
Re: Nice quote
> For 10 points each: name the author and source of the following quote: > > "For the minds of this generation are still so beclouded by bogus > calculations that they distrust conclusions which should be obvious, out of > a reliance on a system of financial accounting which casts doubt on whether > such an operation will 'pay'. We have to remain poor because it does not > 'pay' to be rich. We have to live in hovels, not because we cannot build > palaces but because we cannot 'afford' them. > > "The same rule of self-destructive financial calculation governs every walk > of life. We destroy the beauty of the countryside because the unappropriated > splendours of nature have no economic value. We are capable of shutting off > the sun and the stars because they do not pay a dividend. London is one of > the richest cities in the history of civilisation, but it cannot 'afford' > the highest standards of achievement of which its own living citizens are > capable, because they do not 'pay.'" > Tom Walker > Bowen Island, BC > 604 947 2213 I'm pretty sure the 2nd one is John Hobson. My guess is the 1st one is too, but I don't have my ref. handy and I've only begun my 1st cup of tea.. Ian
Re: Nice quote
Plus five bonus points for posting the answer within five minutes. Michael Perelman wrote, > Keynes, 1933. "National Self-Sufficiency." The New Statesman and Nation Tom Walker Bowen Island, BC 604 947 2213
Re: Nice quote
Keynes, 1933. "National Self-Sufficiency." The New Statesman and Nation On Wed, Jul 25, 2001 at 07:44:54AM -0700, Tom Walker wrote: > For 10 points each: name the author and source of the following quote: > > "For the minds of this generation are still so beclouded by bogus > calculations that they distrust conclusions which should be obvious, out of > a reliance on a system of financial accounting which casts doubt on whether > such an operation will 'pay'. We have to remain poor because it does not > 'pay' to be rich. We have to live in hovels, not because we cannot build > palaces but because we cannot 'afford' them. > > "The same rule of self-destructive financial calculation governs every walk > of life. We destroy the beauty of the countryside because the unappropriated > splendours of nature have no economic value. We are capable of shutting off > the sun and the stars because they do not pay a dividend. London is one of > the richest cities in the history of civilisation, but it cannot 'afford' > the highest standards of achievement of which its own living citizens are > capable, because they do not 'pay.'" > Tom Walker > Bowen Island, BC > 604 947 2213 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
