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Comments on: Labour day: Jobs as a cost? http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/ The Visible Hand in Economics Thu, 31 Oct 2013 17:48:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42404 Thu, 31 Oct 2013 17:48:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42404 In reply to Millahab.

Purpose is an interesting one – and it is really just a fact of life. Tbh, the song Father and Son by Cat Steven’s offers a nice indication of the fact that purpose is something we have to discover through experience, and how fraught it can be trying to target such a thing.

The novel isn’t interesting, but hopefully one day it will be done! Once I have a draft, I will put it on the blog for people to make fun of and grammar check 😉

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By: Matt Nolan http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42403 Thu, 31 Oct 2013 17:45:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42403 In reply to VMC.

Paul’s focus on what a job is has to be given a bit of context – people often report on “how many jobs” something will make, when that is only a loose relation to the social value that comes from it. By indicating that there is a cost to working, Paul is trying to point out where this logic is a bit off, which is good!

Essentially, many people are confusing jobs with the goods and services you can purchase when in employment – and Paul is saying, hold up a second this isn’t quite right!

The fact is that, when it comes to social interaction and social activities, we don’t know what would evolve in “works place” if suddenly no labour input was required. Now, a world where no labour input is “required” also doesn’t make much sense of itself – as we need an idea of how resources are distributed in such a world. Hence why the entire question becomes fraught. Interesting stuff!

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By: Matt Nolan http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42402 Thu, 31 Oct 2013 17:42:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42402 In reply to Luc Hansen.

I enjoy the hyphen as I don’t need to think about what I’m doing in sentences – given my limited mental capabilities this helps 🙂

I’m always feeling my age!

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By: Matt Nolan http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42401 Thu, 31 Oct 2013 17:41:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42401 In reply to jamesz.

Ahh I didn’t think there was a real inconsistency between Paul and Chris’s ideas (which I was just trying to report on) – I think they fit into the same framework. There is just a series of costs and benefits I wouldn’t to list up in a jovial holiday fashion for labour day 🙂

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By: jamesz http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42399 Thu, 31 Oct 2013 12:14:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42399 This is all very absolute and perhaps we should be thinking at the margin. Would someone with a job like to work fewer hours for more money? Almost certainly, so leisure is still normal at the margin. It may even be possible to separate the benefits of ‘having a job’ from the costs of having to work, which avoids the inconsistency between your ideas and Paul’s.

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By: Luc Hansen http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42397 Thu, 31 Oct 2013 09:21:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42397 Matt, my wife tells me the hyphen is passé.

Believe me, she knows. She teaches this stuff!

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By: VMC http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42384 Sun, 27 Oct 2013 23:09:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42384 I believe that your are much nearer the mark than Paul Walker. Jobs have benefits for many people, far beyond the income they provide. Many people who have no need of the income from working, still continue to work – they actually do like the things they do. And the evidence is that people with jobs, with a similar income to those on welfare, have better lives. Jobs create meaning and purpose for many people, and social benefits as you say. This is not true for everyone, of course – and people will change their views at different points in their life – they might want some maternal/paternal leave for instance. And I find retirement rather pleasant, but still do some contracting for an income I do not need.

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By: Millahab http://www.tvhe.co.nz/2013/10/28/labour-day-jobs-as-a-cost/#comment-42383 Sun, 27 Oct 2013 20:48:00 +0000 http://www.tvhe.co.nz/?p=10104#comment-42383 Perhaps purpose in the future will be redefined? More interesting though is what will the purpose of the 70 million or so Chinese males with no female partner do in such an economy? What purpose will they have if they can’t work or have a family?

Do share more on your novel it sounds interesting!

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