Realist, not conformist analysis of the latest financial, business and political news

The Problem With State Labour Allocation – Professor Sir Michael Atiyah, OM,

All too many of our confreres tell us that the government, the state, can solve problems for us by simply telling people to go do things. We’ve that Green New Deal of both Richard Murphy and Alexandria Ocasio Cortez for example – just tell the unemployed to go insulate houses and she’ll be right. The Australian experience, when every bodger with a hammer lapped up the cash to ruin houses seems not to have made an impact upon them.

Economics has studied this problem, of course it has, even if at least one of those two is insistent that everything that came before the arrival of the Godhead is both wrong and an irrelevance. The heart of the concept is in David Ricardo’s work on comparative advantage. Things should be done by those who are relatively better at them. That way we employ the varied talents of the species to their best effect and end up richer than if we’d done it the other way around, either forced people to do what they’re bad at or, perhaps, just view everyone as some congealed lump of homogenised labour.

The thing is, when we look at the state allocation of labour we find that we get the second going on – or at least, not the first. This makes us poorer. As this little story about Professor Sir Michael Atiyah, OM, tells us. For those uninitiated into the British system of gongs Professor doesn’t mean the bloke who tots up your college GPA. It’s the top bloke in that field or department at that university, roughly enough. Sir denotes a knighthood and while those are handed out as confetti to civil servants not so much to academics. It is, for example, something that a Nobel Laureate is given as our added gong for that success. OM is very much grander, that’s ascending into the very heavens of the system. The air is so thin up there that mere Peers, Lords, Viscounts and the like, can only gasp at the height reached.

So, Sir Michael, important bloke, top notch academic:

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Mathematician sometimes compared to Isaac Newton who won the Fields medal and enhanced our understanding of the universe[/perfectpullquote]

Top bloke:

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]It was said of Professor Sir Michael Atiyah, perhaps the most important mathematician of the second half of the 20th century,[/perfectpullquote]

So, when the state did have the chance to allocate his labor, what happened?

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Atiyah could have postponed his National Service, but, somewhat idealistically, felt committed to it, and joined the Royal Electrical and Mechanical Engineers. He thought this would allow him to him use his mathematical skills, perhaps on the new technology of radar, but he ended up becoming a clerk,[/perfectpullquote]

Which is all we really need to know about that idea of government, the state, allocating the labour of the country to solving our problems, isn’t it?

0 0 vote
Article Rating
Total
0
Shares
Subscribe
Notify of
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Jonathan Harston
Jonathan Harston
2 years ago

The Government have been promising to force somebody to pay me to work for almost a decade, they still haven’t done so. Hurry up, I’m running out of money!

As for doing the stuff I’m better at, I’m best skilled at software development and programming. Nobody wants to pay me to do that, so I end up doing IT box shifting, which I’m no good at. Even then, hardly anybody wants to actually pay me to do that, so I’m ended up doing painting & decorating, which I’m even worse at, and is killing my knees.

timworstall
timworstall
2 years ago

Drop me a direct line – I’ve got some programming work for sweat equity around….no cash, obvs, but sweat equity.

Can you help support Continental Telegraph?

If you can spare a few pounds you can donate to our fundraising campaign below. All donations are greatly appreciated and go towards our server, security and software costs. 25,000 people per day read our sites and every penny goes towards our fight against the Establishment. We don't take a wage and do what we do because we enjoy it and hope our readers enjoy it too.


Donate
2
0
Would love your thoughts, please comment.x
()
x