[T]he superstition that the budget must be balanced at all times, once it is debunked, takes away one of the bulwarks that every society must have against expenditure out of control. . . . [O]ne of the functions of old-fashioned religion was to scare people by sometimes what might be regarded as myths into behaving in a way that long-run civilized life requires.
Saturday, February 07, 2009
Krugman on negotiations
Good point. I wish I'd thought of that... a couple of years ago.
5 comments:
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This is such a basic principle of negotiation, they teach it in first-year law-school and business-school practicums. You don't make concessions in the expectation that you will receive something in return in the future as a matter of equity or gratefulness. You make concessions only in exchange for an enforceable promise of compensation. Having developed in the Chicago school of politics, I am surprised that Obama is failing to adhere to this principle.
ReplyDeleteAm I to understand that there are people who think Obama is left of what is traditionally called center, and that he's making concessions farther to the right?
ReplyDeleteOr is it that "center" keeps sliding as the government slowly gets pulled farther and farther right?
Am I to understand that there are people who think Obama is left of what is traditionally called center, and that he's making concessions farther to the right?
ReplyDeleteBy definition, the "center" is what Obama is to the left of. I don't think it's what's traditionally been called the "center"; Obama is, after all, slightly to the right of Richard Nixon.
Comrade: One might believe that Obama is naive, uneducated or stupid. One might alternatively believe that Obama is himself delivering on enforceable promises he made to secure the office of President.
ReplyDeleteWell Larry, you got a hearty gut laugh out of me with that answer.
ReplyDelete