Efficiency

[John K. Taber]

Mathew Forstater wrote:
> 
> Juan Jose Barrios wrote:
> 
> > I Agree with Max. In Economics it is believed that "more" is better than
> > "less". Now, should you introduce things like crime, rapes, etc, etc,
> > obviously that axiom is not valid. However, it does make sense for
> > popular goods and services, doesn't it? Now, Ithink your problems arise
> > because, as I said, more is not always better than less due to moral
> > principles (I am not saying that Econmomics is inmoral). It is true t we
> > should always consider all the elements involved so as to make what we
> > believe is the correct decision, but that does not invalidate economic,
> > i.e., measurable, considerations per se.
> >
> > Sit back and think: Can you imagine a world without some economic logic?
> > If yes, please explain how that world would work. Even if capitalism
> > some day vanishes from the face of the earth, you will need economics.
> > Only when social problems are no longer with us, then, maybe, we could
> > get rid of this (my) profession.....
> >
> > Juan
> 
>   Juan- I don't believe in the axiom "more is always better than less."  I believe
> something like  "enough" is best.  

It seems to me that a criterion of "enough" is more problematic than
one of "efficiency".