Retired Professor of Political Economy (Lancaster University, UK - retired 2021) (also #ProfDJ across the Lune Valley) Contributor: North West Bylines #NoBridge
Aha, yes, a stimulus to 'effective demand'.... if only someone had suggested that might work. Oh wait a minute..... that Keynes chap had something to say about this, didn't he?
and that perception is (as I suggested) the root of the problem... its like applying for a job & then thinking 'OK that's done, what do I need to do to prepare for the next job' with no appreciation you actually need to be doing the job at hand
Yes, agree; a well regulated FS sector can play a really positive role... but, the FS sector itself seldom seems to understand that regulation is in its long-term interest... but there is some happy settlement to be found, even if we've seldom actually got to it (expect perhaps post WW2?)
Yup, I'd agree; I do think they need to be protected from some things/people, but we've definitely seen the pendulum of protection swing too far towards (over)protect.... but there is (as you say) a burgeoning movement away from this, although there is still too much programming of risk elements rather than letting young children discover what is risky. I blame the 'parenting' industry which has heightened anxiety about the impact of negative childhood's experience(s)
@ChrisMayLA6 This is very interesting! Since I don't have any children myself... how much of a thing is the parenting industry? What products and services are commonly peddled based on induced fear and anxiety?
Well, as you'll have seen I don't have an entirely positive view of the financial services sector, but I recognise it has a role in any economy... the problem we have at the moment is the tail is wagging the policy dog.... but I'm guessing we would differ on that.
IMO, the necessary role of investment banks & other financial services, while helping shore up the economy via services 'exports', is doing much less for the domestic economy....
I think also, due to the 'professionalisation' of politics and thereby the reduction of 'conviction politicians - the winning of elections is seen as the key metric of success.... already everything is being viewed through the optic of how it will influence changes in the *next* election, not whether it is a good thing to do!
@ChrisMayLA6@urlyman@GhostOnTheHalfShell The whole concept of "public service" is completely missing in our politicians currently. Personal enrichment and power are the motivators; and they all act like it...
aha, interesting.... certainly Mrs May would be very keen for me to be using this service to clear the floors in some rooms.... will need to check it out; thanks
@ChrisMayLA6@wood5y@statsguy Oooft. Just got to the bit around mid-00s to 2010s π¬ Bit too much self-pity for some trouble he got into and a pretty poor attitude to how migrants were treated in the west post 9/11.
Ha ha, no, you're right; its a structural impediment with which I daily struggle....
@ChrisMayLA6@wood5y@statsguy "Structural impediment" π€£ This place might interest you. I replaced a whole bunch of my lesser-consulted tomes the other day and now have (whisper it) *space on my bookshelves* π±
Yes, same for us; for now we're giving to the benefit of the doubt...
What I loved about the original (Astrid) was that while it purported to be a crime show (no doubt to get the backing), both series where really focussed on the negotiation between neuro-divergent & 'normal' people to find a way to get the best out of both - the crimes where merely a vehicle for a much more interesting social drama - as yet (one episode in) Patience hasn't angered that (yet!)
yes, there was a lot on online learning in the pandemic, which is now seen as having contributed to heightened anxiety & social difficulties of the school age children....
@ChrisMayLA6 A problem there I think, is the tendency to over protect children. That stunts their development and stops them from becoming productive members of society.
I've seen it too much among my younger students (19-25).
I think however, that slowly society is waking up to that fact. But probably too early to tell.
Emeritus Prof Christopher May's Posts
Emeritus Prof Christopher May has 224 posts.
Emeritus Prof Christopher May
@athena_rising
That's a great summary of the problem of myopic (and stupid) managers, & the British problem in two sentences....:
'If they can't see the product, they want to see the workers'...
what it comes down to is a lack of trust, but if you don't trust your workforce you're already on the path to a productivity stagnation.
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Emeritus Prof Christopher May
@HighlandLawyer @RejoinEU
Aha, yes, a stimulus to 'effective demand'.... if only someone had suggested that might work. Oh wait a minute..... that Keynes chap had something to say about this, didn't he?
Mentions: @HighlandLawyer@mastodon.social
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Emeritus Prof Christopher May
@bewilderbeast23 @urlyman @GhostOnTheHalfShell
and that perception is (as I suggested) the root of the problem... its like applying for a job & then thinking 'OK that's done, what do I need to do to prepare for the next job' with no appreciation you actually need to be doing the job at hand
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Emeritus Prof Christopher May
@yuhasz01 @urlyman @GhostOnTheHalfShell
Yup, certainly a key issue (or lack thereof)
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Emeritus Prof Christopher May
@RejoinEU
Yes, agree; a well regulated FS sector can play a really positive role... but, the FS sector itself seldom seems to understand that regulation is in its long-term interest... but there is some happy settlement to be found, even if we've seldom actually got to it (expect perhaps post WW2?)
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Emeritus Prof Christopher May
@Thebratdragon @fkamiah17 @wood5y @statsguy
if the latter is News from Nowhere.... very thought provoking (especially nowadays)
@ChrisMayLA6 @Thebratdragon @wood5y @statsguy Oooh, I picked that up! Where it'll come on the TBR is another matter ...
by MiniMia π΄σ §σ ’σ ·σ ¬σ ³σ Ώ π΅πΈ ;
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Emeritus Prof Christopher May
@h4890
Yup, I'd agree; I do think they need to be protected from some things/people, but we've definitely seen the pendulum of protection swing too far towards (over)protect.... but there is (as you say) a burgeoning movement away from this, although there is still too much programming of risk elements rather than letting young children discover what is risky. I blame the 'parenting' industry which has heightened anxiety about the impact of negative childhood's experience(s)
@ChrisMayLA6 This is very interesting! Since I don't have any children myself... how much of a thing is the parenting industry? What products and services are commonly peddled based on induced fear and anxiety?
by h4890 ;
Mentions: @h4890@liberdon.com
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Emeritus Prof Christopher May
@RejoinEU
Well, as you'll have seen I don't have an entirely positive view of the financial services sector, but I recognise it has a role in any economy... the problem we have at the moment is the tail is wagging the policy dog.... but I'm guessing we would differ on that.
IMO, the necessary role of investment banks & other financial services, while helping shore up the economy via services 'exports', is doing much less for the domestic economy....
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Emeritus Prof Christopher May
@TimWardCam
Yup, me two; moved my ISA into global (excl. UK) last year....
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Emeritus Prof Christopher May
@Becksy
Our only hope is counter-intuitive investing... and that's not much of a hope
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Emeritus Prof Christopher May
@RejoinEU
The last remark is the one bit of poetic justice we can at least savour
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Emeritus Prof Christopher May
@urlyman @GhostOnTheHalfShell
I think also, due to the 'professionalisation' of politics and thereby the reduction of 'conviction politicians - the winning of elections is seen as the key metric of success.... already everything is being viewed through the optic of how it will influence changes in the *next* election, not whether it is a good thing to do!
@ChrisMayLA6 @urlyman @GhostOnTheHalfShell The whole concept of "public service" is completely missing in our politicians currently. Personal enrichment and power are the motivators; and they all act like it...
by yuhasz01 ;
Mentions: @GhostOnTheHalfShell@masto.ai
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GhostOnTheHalfShell
Emeritus Prof Christopher May Boosted
@ChrisMayLA6
I keep rewatching this..
https://www.youtube.com/watch?v=YvEj_urISko
@GhostOnTheHalfShell
Wow, just brilliant - kids & choreographer; amazing!
by Emeritus Prof Christopher May ;
Mentions: @ChrisMayLA6@zirk.us
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Emeritus Prof Christopher May
@GhostOnTheHalfShell
Wow, just brilliant - kids & choreographer; amazing!
@ChrisMayLA6
I have a hard time believing this is a high school effort. Nonetheless, itβs quite entertaining.
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Emeritus Prof Christopher May
@fkamiah17 @wood5y @statsguy
aha, interesting.... certainly Mrs May would be very keen for me to be using this service to clear the floors in some rooms.... will need to check it out; thanks
@ChrisMayLA6 @wood5y @statsguy Oooft. Just got to the bit around mid-00s to 2010s π¬
Bit too much self-pity for some trouble he got into and a pretty poor attitude to how migrants were treated in the west post 9/11.
by MiniMia π΄σ §σ ’σ ·σ ¬σ ³σ Ώ π΅πΈ ;
Mentions: @fkamiah17@syzito.xyz
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Emeritus Prof Christopher May
@fkamiah17 @wood5y @statsguy
Ha ha, no, you're right; its a structural impediment with which I daily struggle....
@ChrisMayLA6 @wood5y @statsguy "Structural impediment" π€£
This place might interest you. I replaced a whole bunch of my lesser-consulted tomes the other day and now have (whisper it) *space on my bookshelves* π±
https://standardebooks.org/
by MiniMia π΄σ §σ ’σ ·σ ¬σ ³σ Ώ π΅πΈ ;
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Emeritus Prof Christopher May
@pathfinder @actuallyautistic
Yes, same for us; for now we're giving to the benefit of the doubt...
What I loved about the original (Astrid) was that while it purported to be a crime show (no doubt to get the backing), both series where really focussed on the negotiation between neuro-divergent & 'normal' people to find a way to get the best out of both - the crimes where merely a vehicle for a much more interesting social drama - as yet (one episode in) Patience hasn't angered that (yet!)
Mentions: @pathfinder@beige.party
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Emeritus Prof Christopher May
@fkamiah17 @wood5y @statsguy
If only my pending pile wasn't already a stability threat to the house....
@ChrisMayLA6 @wood5y @statsguy Don't try to pretend this is a new thing, Chris π€
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Emeritus Prof Christopher May
@h4890
yes, there was a lot on online learning in the pandemic, which is now seen as having contributed to heightened anxiety & social difficulties of the school age children....
@ChrisMayLA6 A problem there I think, is the tendency to over protect children. That stunts their development and stops them from becoming productive members of society.
I've seen it too much among my younger students (19-25).
I think however, that slowly society is waking up to that fact. But probably too early to tell.
by h4890 ;
Mentions: @h4890@liberdon.com
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Emeritus Prof Christopher May
@Lily_and_frog
yes, that's been a problem for decades; Thatcher was the same - right problems focussed on, but 'solutions' that made them worse....
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