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EvC Forum ⇒ Side Orders ⇒ Coffee House ⇒ Trickle Down Economics - Does It Work? ⇒

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Topic: Trickle Down Economics - Does It Work?

ringo

Member (Idle past 440 days)

Posts: 20940

From: frozen wasteland

Joined: 03-23-2005

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Message 355 of 404 (660609)
04-27-2012 1:23 PM

Reply to: Message 352 by Percy
04-27-2012 12:55 PM

Re: Productivity Gains Vs Productivity Contributions

Percy writes:

... the value of anything is what is willing to be paid for it.

I'd say that the value of anything is what you're willing to do for it. You have to do something to get the money to pay for it. So the source of wealth is the doing - the labour - that goes into getting it.

This message is a reply to:
	Message 352 by Percy, posted 04-27-2012 12:55 PM		Percy has replied

Replies to this message:
	Message 357 by Percy, posted 04-27-2012 1:43 PM		ringo has seen this message but not replied

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