great content, i just wish the quality was better. the "fuzziness" makes it very hard to listen to.
@lindavilmaole50035 жыл бұрын
Thank you for this... very informative!
@spinflick1210 жыл бұрын
fantastic lecture- glad the fuzziness was only temporary.
@EggsOverGreasy11 жыл бұрын
The insatiability comes mostly from the human need for competence, to feel that we can master something, to be effective. The other sources are secondary.
@EggsOverGreasy11 жыл бұрын
The US doesn't have an adequate social security net so the workers are more anxious about what will happen if they need support, so they work harder and longer for the security extra money can bring, though consumerism brainwashing place some role too.
@dickhamilton35174 жыл бұрын
one reason for hours becoming flat or constant and not continuing to fall that he doesn't mention in his list of 5 is that the rentiers continue to extract more and more, at prices growing faster than incomes or inflation, and more of us are subject to their demands for rent, and every year there are more of them, and they insinuate themselves between more consumers and producers in more sectors of the market. Fewer own their own home, or their own car, even. I know families who, though they have always had a TV and washing machine at home, have never actually owned their own (harder to believe than it once was, but true, nonetheless) because their disposable income is so marginal they could not buy outright or cope with the sudden substantial cost of its replacement or repair should it break down. This chap is out of touch with the real world many live in. Like most economists.