Carolina QuotesI am advocating... a new paradigm of humanistic Rawlsian economics which puts human beings at the center... and not income, not growth, not GNP...
John Komlos Connected to the Carolinas
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No citation is recorded for this quotation.
- work
- A Progressive View on the Need for a Paradigm Shift in Economics (Dec 2020)
- year
- 2020
no citation recorded
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“I am advocating... a new paradigm of humanistic Rawlsian eco…” John Komlos. Carolina Quotes, record CQ-6800F22F3F. https://carolinaquotes.com/quote/6800f22f3f
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[I]n Europe the quantity of land under cultivation could be expanded only slowly; therefore, population growth ran again into Malthusian ceilings in the eighteenth century. The subsequent rise in food prices led to a decline in consumption, particularly of meat, because the price elasticity of demand for meat was much greater than that of grains.
[T]he economy should minimize suffering, while enhancing human dignity and self-worth.
Being isolated from markets... had its advantages as long as the population density did not exceed the carrying capacity of the land, because subsistence peasants/farmers had little choice but to consume all of their own food output. Once they became integrated... they had to compete with other segments of the population for food, which tended to impinge on their nutritional intake...