Re: [Pen-l] Sodden economics?

[Sandwichman <lumpoflabor@xxxxxxxxx>]

It would have been useful to also point out that Soddy's analysis and monetary schemes influenced the Technocracy movement, along with Veblen's the Engineers and the Price System, of course. The connection also resonates through the work of M. King Hubbert who active in Technocracy in the 1930s and went on to hypothesize Peak Oil. Hubbert's pamphlet, Man-Hours and Distribution is interesting both for its perspective on technological unemployment and for the way his Peak Oil argument was anticipated in his productivity, employment and hours of work analysis.

Some of these autodidact cranks make more sense than the academicians who prattle on 'in the name of" revered authorities whose wisdom they've imbibed second-hand (at best) through introductory textbooks and hear-say. "Actually-existing Keynesian" for example, is a compendium of Aesopian fables and condensations that bear scant resemblance to ideas of J.M. Keynes. Others, of course, are just cranks.

On Sun, Apr 12, 2009 at 11:38 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:

New York TIMES / April 12, 2009

Op-Ed Contributor
Mr. Soddy’s Ecological Economy

By ERIC ZENCEY

Montpelier, Vt.

-- 
Sandwichman
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