Re: POLITICS -- debunking nutrition myth

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In a message dated 1/29/04 4:29:48 PM Eastern Standard Time,

heidis@... writes:

> >That's not how it works. If you spend less money on food, you'll just

> >spend more money on something else, which would result in no harm to the

> >economy (and in fact a net gain, in the sense that you are better off),

> >or save it, which would help the economy.

>

> Are you sure? There seems to be a trend toward " simpler, slower " in

> some circles, which is the opposite of the " more, faster " spiral

> we've been in. If everyone consumes less, they might decide

> to work less, and maybe we'll end up more Amish-like.

If people consume less, they can save more, which means more capital, which

means labor is worth more, and one could then work less to maintain or even

grow one's living standards. The economy is not driven by consumption-- that's

an absurd economic theory that's led to a lot of bad policy and absolute

misery.

Chris