Comments on: Close families, closed labor markets http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/ Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: SamuelReich http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-4138 Wed, 20 Jun 2012 13:24:39 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-4138 There sure are cultural factors. If your culture has high unemployment you want things around to make your job stable.

So high unemployment starts with cultural factors limiting competitiveness such as ratting by family ties not performance or education. Then other things are added for more protection.

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By: Shukla http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3967 Mon, 18 Jun 2012 02:51:26 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3967 adamsmith, a guy came from india and the job that he was hired for, 3 american workers had worked had been cycled through over the previous 10 years. After this guy joined, he added 5 more jobs to the company – all filled by american workers.
Keep in mind that a lot of the h1b workers are the cream of wherever they come from, they might take up one job but create many more, as in the real life case above.
But ofcourse some people are going to xenophobes and thats all there is to it.

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By: SamuelReich http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3954 Sun, 17 Jun 2012 05:09:07 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3954 People with dysfunctional culture must change or suffer. The only question is what dysfunctional. Multi-cultural is for the birds. Wen they meet the smart take only the parts of each culture works the best.

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By: leslie20 http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3945 Sun, 17 Jun 2012 00:44:53 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3945 Interesting observations on family ties and job economics. For additional, related perspective, see the book “Trust” by Francis Fukuyama.

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By: Mariategui http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3943 Sat, 16 Jun 2012 20:48:17 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3943 The article ignores something painfully obvious in the countries concerned: southern Europeans earn substantially less than their northern neighbours. In that situation, it is no wonder people rely on family ties.

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By: TobyONottoby http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3942 Sat, 16 Jun 2012 19:44:06 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3942 Oh, that second reason of Hardin’s? “The second reason springs directly from biological facts.” For the details, see the article if truly interested.

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By: TobyONottoby http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3941 Sat, 16 Jun 2012 19:36:57 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3941 Further evidence that –

“Bentham’s goal of the greatest good for the greatest number” cannot be realized “for two reasons, each sufficient by itself. The first is a theoretical one. It is not mathematically possible to maximize for two (or more) variables at the same time. This was clearly stated by von Neumann and Morgenstern (3), but the principle is implicit in the theory of partial differential equations, dating back at least to D’Alembert (1717-1783).”

From “The Tragedy of the Commons” by Garrett Hardin, Science 13 December 1968, Vol. 162 no. 3859 pp. 1243-1248, http://www.sciencemag.org/content/162/38 59/1243.full.

Administrative law has been proposed (Hardin, same paper) as the best of a bunch of bad and dubiously effective solutions to any problem, such as the above conundrum studied by Giuliano and colleagues, for which there is no technical solution. Hence, you could say that John Lennon, who said “There are no problems, only solutions,” was not only a dreamer, but that, as Yoko Ono said, “The dream is over.”

Put another way, pick your poison: family, the market, government, mob rule, or some cocktail that mixes some of each. I suggest we try to hit the toilet when we react to the side effects.

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By: Robertla http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3940 Sat, 16 Jun 2012 10:01:19 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3940 “Economists are right to point out that inflexible labor markets exact a high economic toll.” on who?

hmm,……some how that implies that we should all be lowering our wages, to compete with Chinese and indian labor.

we should accept the fact that robotics, and other highly capitalized tools have a natural right to our incomes.

some of the assumptions in this article are questionable.

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By: BluePelican http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3939 Sat, 16 Jun 2012 09:22:10 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3939 Fascinating.

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By: usagadfly http://blogs.reuters.com/chrystia-freeland/2012/06/15/close-families-closed-labor-markets/#comment-3938 Fri, 15 Jun 2012 19:56:19 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1672#comment-3938 There is no reason whatever to think that societies which have systematically weakened family ties provide better conditions for their members than those which have managed, against powerful central Government pressures, to maintain close families. In fact, the opposite is quite true.

In “modern” centralized authority, “socialized” or even “socialist” States, systematic steps have been taken as a matter of policy to weaken families as a prime building block of society. Instead of “blood” tying and binding people together in mutually protective groups, the State (and whoever happens to control it at the moment) presumes to take responsibility for family members. The family heirarchy is not only obsolete but a bar to “progress”. The State tells who who is in your group. It is not up to you. The State will take care of you in need. The State commands your ability to fight, both physically and financially, rather than your family. When you need support, you can depend on the State.

Just ask the Greeks how reliable the State is. Ask Americans, with their bankrupt Ponzi scheme “retirement” and “health insurance” schemes used to fund aggressive pointless wars. And now ready to abandon their “children” because they cannot “afford” to keep their “obligations” and do other things they want.

No, the lesson of the modern world is that Governments are highly unreliable as providers of protection and security, but excellent at making false promises and taking the public’s money with fraudulent intent. The last thing anyone anywhere on this planet needs is stronger central authority and weakened families. Individuals stand a chance with their own families, but no chance at all with someone else’s Government.

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