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Quote by DeBorrah K. Ogans

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Proverbs Daily Devotional Goldmine Of Spiritual Wisdom

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DeBorrah K. Ogans

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“Keyserling said that sport puts an exceptional valuation on the body. Look at how rich sports stars are, and look, by contrast, at how poor academics are. No one puts value on the mind, on intellect. It’s not held in esteem in our society. A society that worships moronic sports stars and loathes intelligent people is finished. The greatest and most powerful nation on earth is the one that assigns more value to intelligence than anything else. Sports stars don’t land men on the moon. Clever people do. Sports stars are just entertainers who are good at performing absurd, arbitrary games, with absurd, arbitrary rules, invented by bored humans, and usually involving a ball, a field and posts.”

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“In essence, we behave as economic actors according to the vision of the world of those who device the accounting conventions. The marginalist theory of value underlying contemporary national accounting systems leads to an indiscriminate attribution of productivity to anyone grabbing a large income and downplays the productivity of the less fortunate. In so doing, it justifies excessive inequalities of income and wealth and turns value extraction into value creation.”

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Book:The Value of Everything: Making and Taking in the Global Economy
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