Digression: Resource Consumption, Jobs, and Hands Off

Is increasing throughput always bad?

Not necessarily. Many times in these postings, the reduction of throughput is stated or implied to be a benefit. But this only applies to present-day conditions when so many resources are being depleted because they are throughput faster than they can be renewed.  ... Read more

The Throughput Chain

The throughput chain comprises several “links”, different processes that follow one another but do not all necessarily take place at the same rate. The processes commonly are: the extraction or controlling of wealth; its rendering or structuring into saleable goods and services; the sale of those goods and services; and their subsequent degradation into waste matter from which wealth may be renewed.  ... Read more

Digression: the Private Motor Car – a Basic Necessity?

The transport policy referred to in the previous post, where everyone is expected to undertake all journeys in their own big car, has become so entrenched in many countries over the last fifty years that it seems impossible to change or modify.  ... Read more

Digression: Government Expenditure – Government Employees

Any employee of government would be familiar with the problems peculiar to their area – the “walking dead”, the top-heavy hierarchy, the frequent and prolonged breaks. But it is a mistake to state sweepingly that “all civil servants are slackers”.  ... Read more

The Idea of Proportionate Flows Applied to Wages: the Great Depression

The Great Depression of the 1930’s has been very thoroughly gone over in the literature and there would be no need to mention it here except that it is necessary to describe it in terms of the concepts presented in these posts and to link it with the present day.  ... Read more

Demographic Trends and Living Standards

People are agents of throughput and the younger, healthier and less resistant to change are the people (for a given population, state of technology, and resource availability), then the larger and better quality the throughput they can achieve.

In more perfluent countries, in recent years, several factors have combined to effect a steady increase in the average age of the population.  ... Read more

Misconceptions in Practice

The inadequate or wrong concepts of current economics lead to a number of misconceptions, some examples of which will be given.

“Soak the Rich”

The “soak the rich” taxation policy sometimes advocated or practiced by the political left is based on a confusion about the nature of wealth.  ... Read more

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