« The World's Most Powerful Women | Main | Nice Marketing Response by EA Sports »

Aug 29, 2008

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

will spotts

Thanks for posting this. I also have noticed the disparity between sense of well being and actual circumstance - and Easterbrook's insights seem right. But one thing disturbs me. If a large component of 'satisfaction' is positional goods, then people can never be satisfied.

Specifically - if status is a value (and it unquestionably is), then the only status that has value is that which is higher than the status of others. If everyone were suddenly materially ten times better off, the status issues would still be the same. There would still be people in positions of higher status than others. If this is a necessity for satisfaction, then, by and large, the majority of people can never experience it - because the majority can't be, by definition, above average status. It strikes me as circular. (I'm not doubting the actual validity of the point - just the worthwiness of the goal - and wheter any system ever can attain it.)

Michael W. Kruse

"If a large component of 'satisfaction' is positional goods, then people can never be satisfied."

Bingo! I think understanding this is critical for the how the church teaches about economic issues.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)

Your email address:


Powered by FeedBlitz

Kruse Kronicle on Kindle

Check It Out

Categories