re: National Socio-Economic Security Need for Encryption Technology

At 10:31 PM 8/11/96, Bart  Croughs wrote:

>         But there is another axiom of economics which the
>nationalist/socialist can use for his case against the free movement of
>capital. This axiom states that the wages of workers depend on the amount
>of capital invested. The more capital invested, the higher the wages are.
>If American

I agree strongly. In my Econ 101 class, lo those many years ago, I was
constantly reminded to "Remember the Croughs Axiom!"

It is why MacDonald's workers, who work at a company which has invested
truly vast sums of money in the capital of its outlets, pays its workers so
much more than do the legal firms, advertising firms, etc., which have
invested almost nothing in the capital of their facilities.

This is why so many lawyers choose to move into hamburger flipping. In
fact, the lawyer who won the "hot coffee" lawsuit is now a Milkshake
Trainee at the East Outback, Wisconsin MacDonalds.

"Would you like fries with that?"

--Tim May

Boycott "Big Brother Inside" software!
We got computers, we're tapping phone lines, we know that that ain't allowed.
---------:---------:---------:---------:---------:---------:---------:----
Timothy C. May              | Crypto Anarchy: encryption, digital money,
tcmay@got.net  408-728-0152 | anonymous networks, digital pseudonyms, zero
W.A.S.T.E.: Corralitos, CA  | knowledge, reputations, information markets,
Licensed Ontologist         | black markets, collapse of governments.
"National borders aren't even speed bumps on the information superhighway."

Timothy May writes (with tongue firmly in cheek):
> 
> At 10:31 PM 8/11/96, Bart  Croughs wrote:
> 
> >         But there is another axiom of economics which the
> >nationalist/socialist can use for his case against the free movement of
> >capital. This axiom states that the wages of workers depend on the amount
> >of capital invested. The more capital invested, the higher the wages are.
> >If American
> 
> I agree strongly. In my Econ 101 class, lo those many years ago, I was
> constantly reminded to "Remember the Croughs Axiom!"
> 
> It is why MacDonald's workers, who work at a company which has invested
> truly vast sums of money in the capital of its outlets, pays its workers so
> much more than do the legal firms, advertising firms, etc., which have
> invested almost nothing in the capital of their facilities.
> 
> This is why so many lawyers choose to move into hamburger flipping. In
> fact, the lawyer who won the "hot coffee" lawsuit is now a Milkshake
> Trainee at the East Outback, Wisconsin MacDonalds.
> 
> "Would you like fries with that?"

Of course, it might work in the Macro realm:

Large amounts of capital are suddenly invested in the previously underfunded
Internet.  Sudden demand for scarce TCP/IP specialists sends salaries
soaring, causing Federal Reserve to tighten credit in fear of inflation };->

Worked for me ...

-- 
The Checkered Daemon			       	  cdaemon@goblin.punk.net

Delirium:  There must be a word for it ... the thing that lets you know that
	   TIME is happening.  IS there a word?
Sandman:   CHANGE.
Delirium:  Oh.  I was AFRAID of that.