Carolina QuotesThe character is formed during the first few years of life, and the corporations have an impact on the way we think... so consumer sovereignty... is not realistic, because producers spend an incredible amount of money in order to condition children and youth to drink Coca-Cola, to depend on the iPhone, to go to hamburger joints, to McDonald's... So adult economics, forget it! You've got to start the analysis with children, and that means that tastes are endogenous [determined within the economic system! ...The assumption of exogenous tastes is toxic.]
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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“The character is formed during the first few years of life, …” John Komlos. Carolina Quotes, record CQ-CB5C96D6DB. https://carolinaquotes.com/quote/cb5c96d6db
More from John Komlos
The importance of anthropometric history is accentuated by the debate over the course of the material standard of living during the early phases of the industrial revolution, when food consumption still accounted for as much as three-fourths of total income among the laboring classes, even in the most advanced European societies.
[W]e should begin... economic analysis with empirical evidence instead rather than on ivory-tower theorizing.
[M]uch work remains to be done before we have even a complete anthropometric history of Europe and America. ...The contributions to this volume testify to the fact that much has already been accomplished. ...It is important that the research continue, inasmuch as it promises to illuminate a large number of problems.