Tag Archives: MC1973

COMMENT: Kuhn, Rob (MC1973) sees “ownership concentration” as a problem

2017-Mar-28

Hi John … I’m not sure I was expressing a theory about how “wealth is distributed.” I think you are interpreting that as being an activity, whereas I was stating that it is a necessary result. Whatever wealth exists at any given time exists somewhere; it has somehow been “distributed” into those places. I think you are more concerned with how it gets there — and you object to the term “distributed” as a descriptor of that action. But even if we start from your preferred premise of two-way satisfaction of a commercial transaction, the predominant method of exchange involves currency. And when “too much” (my subjective choice of words) currency resides in too few places, it seems to me that viable opportunities for mutually satisfactory commerce become fewer. And since it is a numbers game, if you imagine “wealth” moving toward mathematical limits of ownership concentration, then it seems to me that stagnation of commerce — and possibly the death of economies and the people who survive in them — goes hand in hand with that. So, is the Pope’s message not pro-life then? Rob 

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Kuhn, Rob (MC1973)

[JR: In a truly free market, cooperation yields “certificates of appreciation”. If all those “certificates” end up in a few hands, then won’t it induce more cooperation? For example, Bill Gates doesn’t sit on a pile of “certificates” but uses them as he sees fit to express his appreciation to others. Laugh! I believe it’s only when the Gooferment get involved does the “wealth distribution” suddenly become a big issue. That and many of “We, The Sheeple” are induced to be jealous and envious of those “lucky few”. We have “raised” generations of “welfare farmers” and “Crony Capitalists” who live off the Gooferment dole. That’s our current problem, imho. The Pope’s message is socialism which emasculates the human desire to improve. Like “don’t feed the bears” in the national parks, “don’t feed the hungry”. Not to starve them, but to incentivize them. Give them opportunity. Don’t kill them with the “kindness” of the Gooferment dole. IMHO!]  

# – # – # – # – #  2017-Mar-28 @ 13:29  

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  

JEMAIL: McFadden, Michael J. (MC1973) cites “Riverdal” show

2017-Jan-27

McFadden, Michael J. (MC1973)

Unfortunately I don’t think your jottings carry graphics, do they?  If not, well, I’ll trust you’ll do the description and commentary proud John!

2017 01Jan 27 mcfadden

[JR: Sure. It carries graphics; just not a lot worth carrying. Laugh!]

# – # – # – # – #  2017-Jan-27 @ 13:29   

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  

JEMAIL: McFadden, Michael J. (MC1973) shared a joke

2016-Dec-07

McFadden, Michael J. (MC1973)

I think you’ll appreciate this joke!

Obama, Hillary and Trump are standing at the throne of heaven. God looks at them and says, “Before granting you a place at my side, I must ask you what you have learned, what you believe in.”God asks Obama first: “What do you believe?”

He thinks long and hard, looks God in the eye, and says, “I believe in hard work, and in staying true to family and friends. I believe in giving. I was lucky, but I always tried to do right by my countrymen”.
God can’t help but see the essential goodness of Obama , and offers him a seat to his left.

Then God turns to Hillary and says, “What do you believe?”

Hillary says, “I believe passion, discipline, courage and honor are the fundamentals of life. Like Obama I believe in hard work. I, too, have been lucky, but win or lose, I’ve always tried to be a true patriot and a loyal American.”

God is greatly moved by Hillary’s eloquence, and he offers her a seat to his right.

Finally, God turns to Trump and says, “And you, Donald, what do you believe?”

Trump replies, “I believe you’re in my seat.”

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[JR: Politics aside. I laughed!]  

# – # – # – # – #  2016-Dec-07 @ 18:30  

JEMAIL: McFadden, Michael J. (MC1973) on NYC Traffic

2016-Dec-06

http://nypost.com/2016/12/02/new-york-citys-traffic-is-intentionally-horrible/?contact-form-id=widget-text-4&contact-form-sent=10580845&_wpnonce=bd91279ae6#contact-form-widget-text-4

 
Amazing!  It’s like they’ve just discovered what I was saying 40 years ago!  Sheeesh!
 
Just sent them my note below:
 
==
 
You may know of me as a thorn in the side of the Antismokers, one who knows their tricks and techniques and lies and strategies and exposes them repeatedly and bloodily.  I like to say that the reason I know them so well, is that I used to BE one of them… sorta.
 
I was actually an ANTI-DRIVER!  I was a 100% dyed-in-the-wool bicycle/transit activist doing EXACTLY what you describe in that NYC Traffic article.
 
Back in 1976 I laid out and had published an entire strategy that was pretty much EXACTLY what you described in your article here forty years later.  See my two articles, Free Peoples Transit, and AATTAACK! (more of a short satirical piece written about 1990 — AATTAACK! stands for Americans Against The Tobacco, Alcohol, And Car Killers!”)
 
See them both at https://assortedtopics.quora.com/ beneath my Election 2016 analysis.
 
I think you’ll find them quite interesting in light of your article, and you’re more than welcome to quote freely from them with attribution in your future writings! 
 
Best wishes in all your future endeavors!
 
ccing all three co-authors here.
 
 :)
 
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McFadden, Michael J. (MC1973)
 
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[JR: So you’re saying that you told them so?]  
 
# – # – # – # – #  2016-Dec-06 @ 22:44  

JNEWS: McGorry, Ken [MC1973] author of ‘Ghost Hampton’

2016-Nov-01

http://thewriterslife.blogspot.com/2016/11/interview-with-ken-mcgorry-author-of.html

Tuesday, November 01, 2016
Interview with Ken McGorry, author of ‘Ghost Hampton’

Ken McGorry has been writing since third grade. (He learned in first grade, but waited two years.) He started a school newspaper with friends in seventh grade, but he’s better known for his 23 years as an editor of Post Magazine, a monthly covering television and film production. This century, he took up novel-writing and Ghost Hampton and Smashed are examples. More are in the works, like the promised Ghost Hampton sequel, but he’s kinda slow.

Ken lives on Long Island with his wife and they have two strapping sons. There are dogs. Ken is also a chef (grilled cheese, and only for his sons) and he enjoys boating (if it’s someone else’s boat). He has a band, The Achievements, that plays his songs (try https://soundcloud.com/ken-mcgorry). Back at Manhattan College (English major!), he was a founding member of the venerable Meade Bros. Band. Ken really was an employee of Dan’s Papers in the Hamptons one college summer, and really did mow Dan’s lawn.

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McGorry, Ken [MC????]

# – # – # – # – #  2016-Nov-01 @ 12:52  

Dear John,

           I believe  that Ken is a member of the Class of 1973.
 
                           Mike

McEneney, Mike (MC1953)

[JR: Thanks, Mike. Much appreciated.]

McGorry, Ken [MC1973]

# – # – # – # – #  2016-Nov-02 @ 15:27