Location: thanks for the help on the paper! go to labor/employment section to read it
Age: 4
Posts: 3,663
The Economy
This term is thrown around enough that everything that anyone does could possibly be considered part of 'The Economy'.
Definitions of that vagueness do not sit well with me.
I want a good definition by people of the notion of 'Economy'. I want more than the general monetary transactions of people, because that means absolutely nothing to me. So does this mean that when I drink beer that I am drinking the 'Economy'? How about when lots and lots of people come together and drink beer - is that still applicable under the same term 'Economy'? How about religion; by believing in a certain God with your style of living, and tailoring your actions to fit that God, does that make part of the economy?
If it means everything then it means nothing.
The ignorant ask "what is my effect on the world?"
The enlightened ask "What does the world know about itself?"
Location: thanks for the help on the paper! go to labor/employment section to read it
Age: 4
Posts: 3,663
Re: The Economy
beyond that, its obviously more than that, because I produce fairly nothing ( I am not a farmer), and do not distribute much (I am not a trucker), and mostly I consume. Therefore, you cannot understand economics by understanding my production, distribution, and consumption levels.
The ignorant ask "what is my effect on the world?"
The enlightened ask "What does the world know about itself?"
The Economy
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