Comments on: New Word: Egoeconomics http://weakonomics.com/2009/07/20/new-word-egoeconomics/ Everything That's Wrong With You And Your Money Wed, 23 May 2012 01:09:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Weakonomics Links: Mangagement or Egoeconomics? | Weakonomi¢s http://weakonomics.com/2009/07/20/new-word-egoeconomics/comment-page-1/#comment-2707 Weakonomics Links: Mangagement or Egoeconomics? | Weakonomi¢s Sat, 25 Jul 2009 14:39:36 +0000 http://weakonomics.com/?p=2602#comment-2707 [...] Instead of an editor’s choice this week I want you to tell me which word is better, mangagement or egoeconomics? [...] [...] Instead of an editor’s choice this week I want you to tell me which word is better, mangagement or egoeconomics? [...]

]]> By: trevor http://weakonomics.com/2009/07/20/new-word-egoeconomics/comment-page-1/#comment-2695 trevor Wed, 22 Jul 2009 09:34:57 +0000 http://weakonomics.com/?p=2602#comment-2695 interesting post about how you became interested in the subject. I think it is interesting to see how we all approach the same subject. People learn more about his subject for different reasons. I learnt about money because I thought it would be a great to avoid the debt problems my family suffered. I wanted to be in control and also run my own company and so needed to have the knowledge to be sensible to make money from home interesting post about how you became interested in the subject. I think it is interesting to see how we all approach the same subject. People learn more about his subject for different reasons. I learnt about money because I thought it would be a great to avoid the debt problems my family suffered. I wanted to be in control and also run my own company and so needed to have the knowledge to be sensible to make money from home

]]> By: SJ http://weakonomics.com/2009/07/20/new-word-egoeconomics/comment-page-1/#comment-2690 SJ Tue, 21 Jul 2009 21:17:59 +0000 http://weakonomics.com/?p=2602#comment-2690 Love this post =) And Rob: "Life itself is a free lunch! Did any of us pay for a ticket to this experience?" Love that attitude towards life! .-= SJ´s last blog ..<a href="http://www.6bubbles.com/blog/2009/06/sj-seeks-the-economic-naturalist/" rel="nofollow">SJ seeks “The Economic Naturalist”</a> =-. Love this post =)

And Rob:
“Life itself is a free lunch! Did any of us pay for a ticket to this experience?”

Love that attitude towards life!
.-= SJ´s last blog ..SJ seeks “The Economic Naturalist” =-.

]]> By: Rob Bennett http://weakonomics.com/2009/07/20/new-word-egoeconomics/comment-page-1/#comment-2683 Rob Bennett Mon, 20 Jul 2009 19:29:26 +0000 http://weakonomics.com/?p=2602#comment-2683 <i>Unfortunately, it’s impossible for all of us to be rich. </i> Thanks for the explanation. If egoeconomics is about people, I'm in. We cannot all be <i>equally</i> rich. But it we made more of an effort to work together for a common cause, each and every one of us could be a lot richer than each and every one of us is today. Cooperative effort is a win/win/win. One thing that I absolutely hate about conventional economics is that they say things like "there is no such thing as a free lunch." The heck there isn't! Just about everything I enjoy the most in life is a free lunch. If a friend tells me about a good book and I read it and love the experience, isn't that a free lunch? Doesn't that make me wealthier than I would have been had I not know about the book? The economists would say that my enhanced enjoyment of life "doesn't count" because no money changed hands. Yuck! You can keep that brand of economics! Life itself is a free lunch! Did any of us pay for a ticket to this experience? It's all one big free lunch so far as I'm concerned. When you ignore that, you find yourself on the wrong track. Rob .-= Rob Bennett´s last blog ..<a href="http://arichlife.passionsaving.com/2009/07/20/podcast-130-jonathan-clements-isnt-yet-able-to-apologize/" rel="nofollow">Podcast #130 — Jonathan Clements Isn’t Yet Able to Apologize</a> =-. Unfortunately, it’s impossible for all of us to be rich.

Thanks for the explanation.

If egoeconomics is about people, I’m in.

We cannot all be equally rich. But it we made more of an effort to work together for a common cause, each and every one of us could be a lot richer than each and every one of us is today. Cooperative effort is a win/win/win.

One thing that I absolutely hate about conventional economics is that they say things like “there is no such thing as a free lunch.” The heck there isn’t! Just about everything I enjoy the most in life is a free lunch.

If a friend tells me about a good book and I read it and love the experience, isn’t that a free lunch? Doesn’t that make me wealthier than I would have been had I not know about the book? The economists would say that my enhanced enjoyment of life “doesn’t count” because no money changed hands. Yuck! You can keep that brand of economics!

Life itself is a free lunch! Did any of us pay for a ticket to this experience? It’s all one big free lunch so far as I’m concerned. When you ignore that, you find yourself on the wrong track.

Rob
.-= Rob Bennett´s last blog ..Podcast #130 — Jonathan Clements Isn’t Yet Able to Apologize =-.

]]> By: the weakonomist http://weakonomics.com/2009/07/20/new-word-egoeconomics/comment-page-1/#comment-2682 the weakonomist Mon, 20 Jul 2009 19:08:57 +0000 http://weakonomics.com/?p=2602#comment-2682 Rob, egoeconomics can be what you are describing.  As how we interact with our money includes giving and care for others.  It benefits the ego to help others.  The focus is not necessarily on you, just people.  Collectively, a group of people can still be focused on egoeconomics.  A group of people protesting health care reform because they do not want to be taxed is group oriented, however they are focused on their bottom line - being taxed. Unfortunately, it's impossible for all of us to be rich.  The whole idea of being rich is having more resources than average.  For every rich person there is a collective of poor folks.  If we were all rich, no one would be rich. ______________________ That's as far as I'll go with philosophy folks.  Sorry. Rob, egoeconomics can be what you are describing.  As how we interact with our money includes giving and care for others.  It benefits the ego to help others.  The focus is not necessarily on you, just people.  Collectively, a group of people can still be focused on egoeconomics.  A group of people protesting health care reform because they do not want to be taxed is group oriented, however they are focused on their bottom line – being taxed.

Unfortunately, it’s impossible for all of us to be rich.  The whole idea of being rich is having more resources than average.  For every rich person there is a collective of poor folks.  If we were all rich, no one would be rich.
______________________

That’s as far as I’ll go with philosophy folks.  Sorry.

]]> By: Rob Bennett http://weakonomics.com/2009/07/20/new-word-egoeconomics/comment-page-1/#comment-2680 Rob Bennett Mon, 20 Jul 2009 17:54:51 +0000 http://weakonomics.com/?p=2602#comment-2680 I'm interested in what you are saying here but I do not fully grasp the distinctions being made. My interest is definitely in how economic developments affect the individual. My hesitation in saying that I am interested in egoeconomics is that I believe that the best results for the individual follow when lots of individuals work together to achieve the best results for the community. Is wanting to fall in love an ego kind of thing? In a way, it is. It certainly feels good. But it is also a giving thing and that is why it feels so great. Humans are as much giving creatures as they are selfish creatures. All of our economic problems of today are rooted in the way that economists have encouraged us to think of ourselves as solitary beings seeking to "exploit" any mispricings made by others. That's a dead end and we are today looking at what an economic dead end looks like. The economy benefits us all and we should all care about making it work for everyone. When we do all care about making it work for everyone, it will work <i>for us</i> And we will be rich! I don't know if I am describing egoeconomics or not. Rob .-= Rob Bennett´s last blog ..<a href="http://arichlife.passionsaving.com/2009/07/20/podcast-130-jonathan-clements-isnt-yet-able-to-apologize/" rel="nofollow">Podcast #130 — Jonathan Clements Isn’t Yet Able to Apologize</a> =-. I’m interested in what you are saying here but I do not fully grasp the distinctions being made.

My interest is definitely in how economic developments affect the individual. My hesitation in saying that I am interested in egoeconomics is that I believe that the best results for the individual follow when lots of individuals work together to achieve the best results for the community.

Is wanting to fall in love an ego kind of thing? In a way, it is. It certainly feels good. But it is also a giving thing and that is why it feels so great. Humans are as much giving creatures as they are selfish creatures.

All of our economic problems of today are rooted in the way that economists have encouraged us to think of ourselves as solitary beings seeking to “exploit” any mispricings made by others. That’s a dead end and we are today looking at what an economic dead end looks like.

The economy benefits us all and we should all care about making it work for everyone. When we do all care about making it work for everyone, it will work for us And we will be rich!

I don’t know if I am describing egoeconomics or not.

Rob
.-= Rob Bennett´s last blog ..Podcast #130 — Jonathan Clements Isn’t Yet Able to Apologize =-.

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