Re: [FRIAM] Understanding the Occupy Movement : or Pay Attention, What you do Matters!

2012-01-22 Thread Edward Angel
I totally agree re Walmart. I was only commenting on the generally accepted version of the Microsoft anecdote. Two comments on incentives. First, I don't think you can find a reputable economist who would defend incentives as a long term strategy. What they are potentially good for is building

Re: [FRIAM] Understanding the Occupy Movement : or Pay Attention, What you do Matters!

2012-01-22 Thread Steve Smith
Ed - I do believe this version of the story as well... and agree on the point you make... tax-incentives are less important (even counter-productive?) compared to increased skill sets in the population. It *does* however, fit into the pattern of preferential attachment and compound intere

Re: [FRIAM] Understanding the Occupy Movement : or Pay Attention, What you do Matters!

2012-01-22 Thread Edward Angel
During a visit to ABQ to dedicate the microcomputer exhibit at the ABQ Museum of Natural History and Science, Paul Allen denied the truth of the often told anecdote of why Microsoft left ABQ. He told the special student question and answer session we put together that at the time when he and Ga

Re: [FRIAM] Understanding the Occupy Movement : or Pay Attention, What you do Matters!

2012-01-22 Thread Steve Smith
Eric - I appreciate your thoughtful analysis of the question... FRIAM is prone to deep dives (relatively) into answers without necessarily looking carefully at the questions. Nick - I also salute your engaging (participating) with Occupy. I'm supportive of the movement but not particularl

Re: [FRIAM] Understanding the Occupy Movement

2012-01-22 Thread Jochen Fromm
Nick, Eric, Arlo thanks for your kind replies. Your elaborate responses enlightened the topic for me a bit. I have never been interested very much in politics or sports, because I find it boring and because I am not good at it anyway. If Newt Gingrich is better than Mitt Romney, if the San Fr