Archive for July, 2010

Wage goods

July 27, 2010

The income distribution is Pareto, a unimodal distribution.  Wage goods are the goods consumed by the modal class.  Wage goods need to be consistently produced which is why the economy always recovers after a time of financial excess.  Kite paper, accomodation bills.  But here I’m kind of stuck.  Because I don’t know the variance of the income distribution.  Has the variance increased over time?  Over modes of production?  Over geographies?

Wage goods can be considered as a composite commodity.  This simplifies the economic calculus considerably.  Wage goods are consumed by the proceeds of variable  capital expenditures by capitalists and the state.  Fixed capital expenditures in turn go to other capitalists.  Here I should correct myself and say constant capital.

The difference between the rural wage goods bundle and the urban wage goods bundle.  CPI(UNME) CPI(AL) etc.

Contradictions between one capitalist and another.  Contradictions between capital and wage labour.  Mao said to identify the primary contradiction.

Keynes does all his measurements in wage units.

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E-waste and waste in general

July 19, 2010

Do you think modularity in electronic items would reduce the amount of e-waste generated? Like a lego computer with parts for keyboard, for keys, for motherboards, for processors.  Reuse-Recycle?

To do: write a note on quality

July 14, 2010

The quality that a person has not experienced will not be missed by him.  Hence it will not be demanded by him.  On the other hand, once exposed to different qualities, it is quite unlikely that a person will settle for less than his preferred quality.

Tea.

Mangoes.

Prawns.  Fish, in general.

Exports of the above.  The powers that be have ruled that Watanabe in Japan or Gerard in Deutshland will have the best Darjeeling.