Tuesday, September 6, 2011

Universal health provision by the state

Removes the charity aspect of a hospital or doctors office

So why not go to the more dynamic
Cost cutting profit model for hospitals
Coupled with sectoral mark up cap and trade markets
and unit quality regulation boards

Thesis cost consciousness is intensified as you move beyond budget constraints to profit max

But of course transparent universal unit pricing most obtain

Lots of the present norms in practice stem from the charity mentality long since abandoned

Another convergence thesis

As organized production units get bigger and more interconnected

is there a convergence between for and not for profit outfits
In the same "business"

The secret of unforced exploitation

Any producer working in concert with other producers that produces more or better outputs and or with less cost in resources etc
Then if producing in isolation
Can be paid their independent value maybe more
and still leave a surplus of value
Over time production in co operation can lead to specializations that make independent production by the specialist essentially skill less common labor capacity
They are trapped into exploitation

Co operatives as a social counter follow easily from this fact see Owen
But like an organ trans plant co ops rarely thrive inside a capitalistic surrounding system

But by itself co ops hardly challenge the capitalist system anymore then trade unions
Challenge the capitalist system

In fact seems most mcjobblers enjoy the high take home and conditions control
achieved by collective bargaining at least as much as co ownership rights
The question becomes
Are profit seeking outfits more dynamic and innovative and Cost cutting then co ops
Maybe
No analytic answer to this question eh ?

Dixit stig revisited

How about the production system here

We have a product space of limitless extent on either side of a n dimensional product and between any two n dimensional products

The production system has a nut plus a level labor cost related output capacity
The nut might be the cost of market entry position consolidation product r and d
Ie no fixed cost in production itself
But the form looks like

Q = sunk costs plus fixed costs plus wage costs where the first two are lumps to be serviced and depreciated where appropriate

No economies of scope
But obviously variable unit cost is constant and equal to some parametric value x labor hours and the unit Cost is linearly falling thru out the production q
by the spread of the fixed and sunk costs over more units

The final demand side here holds tricks too
Including the famous preference for variety

Question have these shadow referents in the oz economy been fully enough detailed
To expose any and all sleight of hands that betray oz is not in any sense
an analogy to Kansas

A useful application

To match the formal model's analytic completeness

Analytical tightness is only secondary to the desire for analytical results ie truths about market and production systems that can serve in the war between the various economic class based idoelogians

Monday, September 5, 2011

Pk on the unfilled hole of 2009

"the financial crisis, and in particular the popping of the housing bubble, had two big effects on spending. One was that housing investment plunged from well-above-normal to well-below-normal levels. The other was that consumers suddenly increased their savings.

Put these together and you have a negative shock on the order of 6 percent of GDP.

Against this you had a stimulus bill of $800 billion — except $100 billion of that was AMT extension that was going to happen anyway, another $200 billion was other tax cuts of dubious effectiveness, so you were left with $500 billion of spending, spread over more than 2 years — maybe 1.5 percent of GDP or less.

It just wasn’t big enough to do the job."

I'll settle for that:

A four fold two small stim-u-less

Thanx Barry Tim and Larry

The distinctions need distinct labels

To suggest a federal deficit is dis saving
Like household dis saving

To suggest corporate income is income like household income

We need to use different terms unloaded terms
To suggest nation's save just like households or firms save just like households
Obvious enormity emerges here just by the false analogy freighted into the identical term



Sunday, September 4, 2011

The non oil uncle hedge trade deficit is at 1% of GDP

The combo of dollar depreciation effects on relative x/m prices
and stag effects on absorption are working

The problem is the near zero price elasticity of oil imports

Obviously energy green and independent
Is a sensible battle cry for citizens of operation uncle
The drill baby drill division not withstanding




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