Thursday, August 28, 2008

Greg Mankiw's Blog: The Political Divide

Greg Mankiw's Blog: The Political Divide

My grandmamma used to say – she was an extraordinary waste not person. I think she was the finest example of ultra resourceful environmentalist– "when you have plenty you can help others by sharing." She was talking modern economic terms “Spillover effect”.
Our farm and our business (brewery and fishing) were generated large jobs; Town people know that they have jobs in our farm and our business if they want.
We can not yield our business without their help! In these days Korean didn’t have welfare system. People don’t like handout, even if uneducated country people! Anyway been thinking, 100% employement my hometown is, the norm made everyone impossible not working!

  • Justice(economics)
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