From: Duncan Frissell <frissell@panix.com>
Date: Mon, 12 Aug 1996 00:30:41 +0800
To: cypherpunks@toad.com
Subject: Re: National Socio-Economic Security Need for Encryption Technology
Message-ID: <2.2.32.19960811123331.011a8e08@panix.com>
MIME-Version: 1.0
Content-Type: text/plain


At 08:15 AM 8/10/96 -0400, Scottauge@aol.com wrote:
>I was watched CBS reports a couple nights ago about how all these blue collar
>and now white collar jobs are going across seas.
>
>So a possible way to protect jobs is to protect the knowledge on how to do
>them.  
>In essence, knowledge is money, cuz that is what we usually want for it
>now-a-days.  "Oh you want me to do that for you, hmmmm, lets see...."

The first axiom of economics is "Wants are unlimited."  I'm glad that
they're "shipping all those jobs overseas."  The more people we have working
the more goodies are produced.  If the labor of US workers is freed up, then
they can go about producing something else valuable that they didn't have
time to produce before because those "third worlders" weren't doing their
fair share back when they were trapped in feudalism or fabian socialism.
You can't get more stuff (wealth) unless everyone is out there working to
capacity (consistent with their desired work/leisure tradeoff).

DCF