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“Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well- warmed, and well-fed.”
―
―
“As UC Berkeley economics professor Brad DeLong put it to me:
You get famine if the price of food spikes far beyond that of some people's means. This can be because food is short, objectively. This can be because the rich have bid the resources normally used to produce food away to other uses. You also get famine when the price of food is moderate if the incomes of large groups collapse.... In all of this, the lesson is that a properly functioning market does not seek to advance human happiness but rather to advance human wealth. What speaks in the market is money: purchasing power. If you have no money, you have no voice in the market. The market acts as if it does not know you exist and does not care whether you live or die.
DeLong describes a marketplace that leaves people to die - not out of malice , but out of indifference.”
― Scatter, Adapt, and Remember: How Humans Will Survive a Mass Extinction
You get famine if the price of food spikes far beyond that of some people's means. This can be because food is short, objectively. This can be because the rich have bid the resources normally used to produce food away to other uses. You also get famine when the price of food is moderate if the incomes of large groups collapse.... In all of this, the lesson is that a properly functioning market does not seek to advance human happiness but rather to advance human wealth. What speaks in the market is money: purchasing power. If you have no money, you have no voice in the market. The market acts as if it does not know you exist and does not care whether you live or die.
DeLong describes a marketplace that leaves people to die - not out of malice , but out of indifference.”
― Scatter, Adapt, and Remember: How Humans Will Survive a Mass Extinction
Urban Fantasy
— 5138 members
— last activity Oct 20, 2025 11:48AM
Urban fantasy is a subset of contemporary fantasy, consisting of magical novels and stories set in contemporary, real-world, urban settings--as oppose ...more
Wellington Reads
— 295 members
— last activity Aug 11, 2024 04:19PM
This is a book club for Wellingtonians (or Wellingtonians at heart!), set up by Wellington City Libraries. We'd love to talk about favourite books an ...more
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