Status goods, non-satiation and happines - preferences drifts form social interaction
7 important questions on Status goods, non-satiation and happines - preferences drifts form social interaction
Hobbes: competition between individuals
Positional goods (Hirsch)
subject to social scarcity --> relative position
Types of social scarcities
- social factors·
- goods that generate satisfaction independent from satisfaction enjoyed by others
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Hirsch: when the economy grows then the demand shifts ...
4 reasons demand-induced supply of working time (Schor)
·raise their labor control by making the employee more dependent on the firm
·desire to use machinery intensively
·use a high number of hours as a screening device to identify committed employees
According John Stuart Mill: best state for human nature
Keyness V.S van Duijn
Van Duijn: Everything depends on our will to grow... only if people in Europe are prepared to work more hours, we can maintain our welfare.
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