Anurag’s Reviews > Social Limits to Growth > Status Update

Anurag
Anurag is on page 80 of 224
Trinkets (Adam Smith) cannot be turned into bread.
Jan 27, 2016 03:46AM
Social Limits to Growth

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Anurag’s Previous Updates

Anurag
Anurag is on page 28 of 224
Pure social scarcity is implied when the satisfaction is derived from scarcity itself. It is not pure but a by-product of positional goods (in the sense that satisfaction is influenced by extensive use by others) the congestion of crowding reduces the quality perceived by the consumers.
Jan 22, 2016 02:00PM
Social Limits to Growth


Anurag
Anurag is on page 22 of 224
Hirsch talks in terms of social scarcity - which is a general case of physical scarcity (since physical scarcity would often result in social scarcity). Studying of congestion in societies, then, becomes a legitimate way of understanding different social norms.
Jan 22, 2016 01:50PM
Social Limits to Growth


Anurag
Anurag is on page 7 of 224
The distributional struggle is in fact higher because of growth. This is the result of the adding up problem. A proper indicator of social progress hasn't been found.
Jan 22, 2016 01:23PM
Social Limits to Growth


Anurag
Anurag is on page 6 of 224
There is competition for every public good - for example the quality of schooling exists in two dimensions - there is one absolute dimension where quality is added by receptive students and good facilities but there is a relative dimension in which quality consists of differential with education levels against others.
Jan 22, 2016 01:19PM
Social Limits to Growth


Anurag
Anurag is on page 4 of 224
As demands for private goods decreases the competition for public goods increases. The problem did socialism faced is that opportunities for economic advance as they present themselves serially to one person after another do not constitute equivalent opportunities for Economic advance by all. What each others can achieve all cannot
Jan 22, 2016 01:15PM
Social Limits to Growth


Anurag
Anurag is on page 3 of 224
The differences between private and public consumption isn't always clear.
Jan 22, 2016 10:49AM
Social Limits to Growth


Anurag
Anurag is on page 2 of 224
To a hungry man, satisfaction from meal is less sensitive to meals eaten by others.
Jan 22, 2016 10:47AM
Social Limits to Growth


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