Category Archives: COMMENT

COMMENT: Kuhn, Rob (MC1973) ” when wealth is distributed “

2017-Mar-19

John …

The Pope isn’t discussing (big-E) economics, he’s discussing morality … and (small-c) catholic morality at that. My gut tells me that Economics is chiefly misunderstood by economists. It may only be the “dismal” science (if, indeed, a science at all) due to the quality of its scientists.

Tell me this: Do the so-called “laws” of supply and demand function precisely the same when wealth is distributed more or less equally across the population and when it is largely controlled by a small percentage of people?

It seems logical that “demand” is influenced by ability to pay, which is not equal in both the scenarios I mention.

Of course, I AM factually ignorant of basic economic principles, but I have got a moral foundation, built long ago out of (large-C) Catholicism. I guess the church finds itself in a position analogous to that of the English language, with descriptivism (based on how it’s used = popular morality in religion) and prescriptivism (analysis of how it should be used = dogma in religion ).

Oddly, I tend to be prescriptivist with language, but — apparently — descriptivist with whatever vestiges of Catholicism I am still making use of.

Cheers,
Rob

Kuhn, Rob (MC1973)

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Well, Rob, first let me cite my credentials.

Remember the sources of my education! I’m just a fat old white guy retired injineer who’d now a poor old senior citizen on a fixed income with:
* Law “degree” from watching Judge Judy;
* Medical “degree” from watching Doctor Phil;
* Building “degree” from watching “Holmes on Homes”;
* Investing “degree” from reading about Bernie Made-off;
* Finance “degree”from listening to Ric Edelman;
* Learned to sensitively manage Human Resources from watching Chef Ramsey; and
* Learned about creating loving / caring human relationships from studying the movie roles of Gunny Ronald Lee Ermey

Notice there is no “credential” about economics, if there was it’d be:

“Economics “degree” from reading Murry Rothfarb, Tom Woods, Bob Murphy, and Lew Rockwell. Also following the Ludwig von Mises Institute. I’m probably the only fat old white guy injineer who’s read “Man, Economy, and State”. That thanks to the USAf confining me in San Angelo Texas for a few months.

I’ll take a swing at your question if it’s not rhetorical. (Hence the length.)

I don’t believe “wealth is distributed”. I do believe that we observe the “distribution of wealth” as we would snowfall. That distribution is directly attributable to the human effort to satisfy our fellow humans (i.e., I satisfy you and you give me “certificates of appreciation”. The sum of those you’re calling “wealth”.)

You’re positing that the “Law of Supply and Demand” varies based on the “distribution”. I don’t think that it does, because I don’t believe in your “distribution” theory. 

Now you’ve exceeded my meager abilities. And, I’ll pass this along to some heavier hitters than me.

I do think the Pope is talking “economics” and not “morality”. But again that’s an opinion.

# – # – # – # – #  2017-Mar-19 @ 17:23  

COMMENT: Antenucci, John (MC1959) saw the Pipe and Drum Band

2017-Mar-19

Deacon John Antenucci ’59 S
It was very gratifying to see The Manhattan College Pipe and Drum Band on the Today Show.  

[JR: Maybe it’ll show up on a YouTube clip for all of us not in the area.]

Antenucci, John (MC1959)

# – # – # – # – #  2017-Mar-19 @ 17:07   

COMMENT: McEneney, Mike (MC1953) reports a formatting issue

2017-Mar-12

Dear John,

              For some reason this weeks edition came through
in a ‘different format’.

                 Readable, but difficult to read.

                             Mike

McEneney, Mike (MC1953)

[JR: Thanks, Mike. Much appreciated feedback. I looks like it’s “wide” from your quote. I’ll have to do some digging to prevent that next week. Sometimes hyperlinks or pictures cause that.]

# – # – # – # – #  2017-Mar-12 @ 12:38  

COMMENT: Toner, Mike (MC1972) likes the ND sidestep

2017-Mar-12

>In this week’s endnote, you ask:
>
>”Do you remember March 20, 2009?
>That was the day the University of Notre Dame announced they would honor newly-elected President Obama as their
>Commencement speaker.Under intense pressure, Notre Dame President Fr. John Jenkins called the invitation a
>“catalyst for dialogue.” He noted that Presidents of both political parties had spoken in the past, and that the invitation
>was in no way an endorsement of President Obama’s well known hostility to Catholic teaching on the sanctity of life.
>Will Notre Dame continue their tradition and invite President Trump?
>*** end quote ***
>I doubt it and that’s what will expose what’s wrong with “Catholic” institutions. We’ll see.
>Update: CV reports that ND didn’t invite DJT45, but did invite the VP. Does that tell you anything.

It tells me that the VP is from their state (Indiana) and sidesteps the problem of inviting a man who says it is OK to grab women by their privates without their consent. Sounds like a win-win – not that I approve of Pence…

Thanks, as always, for your good work!
mike toner
BEE ’72
Buffalo, NY

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[JR: Just for the record, I never said it was “Saint Trump”. I am sure I whine a lot about that he was “the prettiest horse in the glue factory coral”. That being said, I BELIEVE what this DEMONSTRATES to us that what Fr. John said originally was less that “the truth”. Yes, I can handle “the truth”. The “Secular Progressives” … … (I am not sure what the correct “-ist” is to label them with: Socialist, Marxist, Communist? Maybe just Totalitarian!) … … have taken over the Universities and even the Church. See I’m just a simple fat old white guy injineer and I’d call that a lie. I don’t approve of any of the current politicians — the last Presidential candidate I supported was Ron Paul. But everything today is about Socialism and “Secular Progressivism”. So maybe Fr. John could stop spinning and just say that ND is a “Big D Democratic Socialist” institution. What a disgrace.]

[JR: I appreciate the compliment and I wish I had more and better news to report.]  

# – # – # – # – #  2017-Mar-12 @ 12:34   

COMMENT: McFadden, Michael J. (MC1973) like the beginning and ending

2017-Jan-11

Just wanted to say:  Wonderful beginning and ending to this week’s Jottings!

 :)
 
McFadden, Michael J. (MC1973)
 
# – # – # – # – #  2017-Jan-11 @ 11:20  

COMMENT: Myers, Joe Jr. [MC1986] cites the memories

2016-Dec-23

Message from Joe Myers:

Mr. Reinke: I am Joe Myers, Jr. also a Manhattan Alumni of 1986. My father Joe Myers recently died he was class of 1953. Just like to say thank you for the ministry you do on behalf of the alumni. I has two class mates die and you remembered them as well as you do for all alumni. My father loved Manhattan and he loved the Brothers!

Thank you again.
Joe

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Myers, Joe Jr. [MC1986]

[JR: Well, I appreciate your thanks and mention my efforts. I’d never be so egotistical as to call it a “ministry”, just something I blundered into. I’m glad I was able to honor your Dad, your friends, and all the past Alums. I continue to be amazed at their accomplishments.]  

# – # – # – # – #  2016-Dec-23 @ 15:08  

COMMENT: Myers, Joseph Sutherland [MC1953 RIP] remembered

2016-Dec-23

2016-Dec-17 http://www.legacy.com/obituaries/news-journalonline/obituary.aspx?n=Joseph-S-Myers&pid=183111949 Joseph S. …

Rest in Peace Dad. Joe Myers, Jr. Class of 86.

# – # – # – # – #  2016-Dec-23 @ 14:56