[extropy-chat] it's all understandable, except

[Samantha Atkins]

On Nov 6, 2006, at 9:01 AM, Rafal Smigrodzki wrote:

> On 11/6/06, Eugen Leitl <eugen at leitl.org> wrote:
>
> Ability to play WoW doesn't make yourself good workplace
>> material.
>
> ### OMG WTF! Warlocks own the workplace! Horde FTW!
>
> -------------------------------------------
>
>> Have you looked at an engineer's entry level salaries? You
>> have noticed that the middle class is shrinking fast?  And
>> that a Second Great Depression is at the door, and there's
>> not deus ex machina just-in-time fix to pull us out?
>>
>
> ### Jeez, Eugen, you sound depressed. Reading libertarian-leaning
> economics blogs (Cafe Hayek, Marginal Revolution, Econlog) gives me a
> totally different outlook, with the middle class shrinking by steady
> attrition into the affluent class, and an economical revolution due to
> disappearing manufacturing costs in the offing.

Hayek and von Mises taught that the prevailing economics of today lead  
state to massive economic tragedy of necessity.  Did you miss that part?

- samantha