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Notes -
wages of destruction, pg 268
a perfectly healthy economy. Months of political argument followed by the state setting prices and then demanding that those costs be born by the producer. Then being surprised when the demand for milk is the same.
wages of destruction, pg 266
a healthy economy is probably not one that has detached price signaling in exchange for political loyalty.
wages of destruction, pg 265
wanting to eat their cake and have it to. I want all my workers to have high wages. and i want the Westwall made quickly. but don't make it inflationary. and don't make it so that the high wage low-skill labour competes with agriculture.
wages of destruction, pg 261
Nothing says "i'm developing an efficient economy" like compulsory work orders, forcing employers to keep workers on the rolls, and wage controls. Oh an forbidding rural people from taking industrial jobs. Good instincts there. Shame that second order effects exist. Who could have possibly imagined.
Help. My rail industry is getting 50% of the steel it needs and I need to ration who gets transport. Should I start a Great Power conflict against all of my neighbors?
pg343-344
My ideal economy is one where lack of capacity of steel production results in a failing transport network where i have to cut off passenger service and yet still have a shortage of coal. In Germany.
I'm told that the best possible economy is one where you literally can't do anything with your money except invest in Government debt. It's a good thing the government is propping up my wages. And also propping up prices. But the prices are hidden. But the wages are hidden. But also I can't change jobs.
pg 411
In my ideal economy we use the full economic potential of the countries we conquer by reducing their petrol consumption by 92%. Also I have to provide my allies with the fuel they need. Also I'm a net oil importer.
when i play nation-state building games this is how I describe my ideal resource economy. First I rob my mines of labor for my armies. Then I make them work without rest. Then send the men I took from the mines to the armies back to the mines. Nothing says sound economics like the necessity of political reasons.
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