maandag 11 oktober 2010

Peter Diamond and other Nobel winners' solutions stumble in real world


                                           Peter Diamond

Peter Diamond, who won this year the Nobel Prize for Economics, his solution for making markets more efficient fails.
He says; to encourage people more to work by slashing in benefits, but this makes new problems.
When companies discharge benefits, by example housing benefits, it makes a lot of people cheerless and depressed.
Finally it leads to situations that aggravate the situation instead of improve and so you can say that it isn’t always smart to follow the ideas of a clever economist.guardian

Bob Schramme

1 opmerking:

  1. REWRITE: The solutions proposed by Nobel Prize winners are not always effective. Take Peter Diamond, who won the Nobel Prize for Economics this year with his suggestion for making markets more efficient. He wants to encourage people to work by slashing benefits, but this just makes them more cheerless and depressed...

    PD's solution
    for example
    instead of improving them
    don't start a new stce for every new line

    L 0, F 0, C 2

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