Re: What do workers compete for?

<royls@[EMAIL PROTECTED]
> wrote in message news:40a31b2d.3771614@[EMAIL PROTECTED]
> On Wed, 12 May 2004 19:38:36 -0700, "Karl Hallowell"
> <khallow@[EMAIL PROTECTED]
> wrote:
[snip]
> >Among other things, your
> >definitions clearly differ since most people don't consider seabed to
be
> >"land".
>
> In economics, land is a production factor consisting of any resource
> that is neither labor nor something produced by labor.

"Land" thus also includes things like mineral wealth, I take it?  (Not an
objection; just a clarification.)

> >Having said that, I see a reasonable argument that units of space-time
(a
> >finite volume over a finite period of time) aren't created (or
destroyed)
> >in the environment of Earth nor is mass, and a number of other physical
> >quantities. So defining "land" to be these space-time quantities (in
> >suitable reference frames!) is reasonable. And it allows one to
> >extrapolate this idea to places where surface area may be ill defined
> >(space and underwater, for example).
>
> See above.  Land is defined that way in economics for very good
> reasons.
>
> -- Roy L