Learning during the pandemic.
The financial class is convinced their woes are the result of rules that make their wheeling and dealing accountable to supervisors. They refuse to accept that the problem lies in the fact that they are dealing in worthless stuff and the effort to create artificial value by rationing the distribution of dollars is bound to fail.
Some economists describe industrial development as the work of men moving out of the house. (Never mind that in the U.S., initial industrial enterprise in the fabric mills of New England was carried out by women). On the other hand, an anthropologist describing the social organization of African societies in legislative bodies, referred to that as the important work of the men, while the women managed the household and traded in the market.
So, perhaps we have another inverse relationship here: the greater the power, the lower the performance. I say “another” because in the case of disutilities (goods and services the recipient do not positively want) the relationship between performance and profit is inverse. But, in that case, it is greater/better performance that results in lower profits.
Hello, Mr. S
It has been a while.
Your last email said I should let it go wild, but people go there quite often. There are children and their parents come to walk and play, college students settle down at the picnic table, and even during the winter children come there to ice skate or build a snow man. So, I am not going to let it grow wild. I will keep maintaining the playground as long as I am able, because I enjoy doing it. Maintaining the playground is like therapy for me and I like looking at our creation.