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Re: apologia
Max wrote:
I think it's more general. It's the floating, meaningless reference point.
You thought X was bad because it had a level of some number Y.
But you should really redefine X as something else, and the latter
has a level less than Y, so X is really not as bad as you thought,
hence not so bad in general.
--If I'm not mistaken, he's also counting 'property' of the lowest quintile, but ignoring the property (dividends, mulitiple homes, jets, cars, diamond necklaces, etc...) of the uppermost quintile, no?
Steve
Stephen Philion
Assistant Professor
Department of Sociology and Anthropology
St. Cloud State University
St. Cloud, MN
http://stephenphilion.efoliomn2.com/
- Thread context:
- Re: apologia, (continued)
- Maxed out credit cards,
Louis Proyect Sun 10 Feb 2008, 15:05 GMT
- Economists As Bullying Witch Doctors,
Michael Perelman Sun 10 Feb 2008, 04:14 GMT
- Long-living healthy people cost more than the obese, smokers,
Leigh Meyers Sun 10 Feb 2008, 01:00 GMT
- Dynamism & danger: Obama - Financial Times,
Leigh Meyers Sat 09 Feb 2008, 16:46 GMT
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