Cultural economics was Party lines

[Guest guest]

>From: " kili94 " <lm324@...>

>> O.k., I'm not at all an economist, but my impression from the Maasai

>> is their generosity might be more correlated with the fact that they

>> aren't capitalistic. They *absolutely* do not value efficiency; they

>> value people.

replies:

>

>Anyone who values people *should* value efficiency. Any inefficiency in

>an economy will slow its rate of growth. Economic growth doesn't just

>mean rising stock prices; it means higher wages, shorter working weeks,

>longer lives, and better standards of living. Government programs today

>may make the lives of certain people better (at the expense of others)

>in the short run, but in the long run, they will lead to more poverty,

>longer work weeks, and lower standards of living for everyone. By that,

>I mean in comparison to what it could be otherwise, not in comparison

>to how things are now.

Seven days of Kwanzaa http://www.aakulturezone.com/kidz/abc/kwanzaa.html is

indicative of African American culture and economy from the homeland.

Wanita