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Are we talking need?  Or desire? Is this a market? What is the "correct" price signal?  Seems like we give each other a lot of assistance for free.

Blogging regularly at Get Energy Smart. NOW!!!
by a siegel (siegeadATgmailIGNORETHISdotPLEASEcom) on Wed Sep 19th, 2007 at 02:57:21 PM EST
[ Parent ]
Exactly, "need" is not quite right in this context. Expecially because, depending on the time horizon, the answer might well be €0.

Oye, vatos, dees English sink todos mi ships, chinga sus madres, so escuche: el fleet es ahora refloated, OK? — The War Nerd
by Migeru (migeru at eurotrib dot com) on Wed Sep 19th, 2007 at 03:00:55 PM EST
[ Parent ]
Are we talking need?  Or desire? Is this a market? What is the "correct" price signal?  Seems like we give each other a lot of assistance for free.

You Europeans can't even get your communism right!  It doesn't work without both the "From each according to his ability," part, AND the, "To each according to his needs," part. /snark

by Zwackus on Wed Sep 19th, 2007 at 06:49:59 PM EST
[ Parent ]
Who said anything about communism?

Actually, I should have pointed out that this was a conversation about markets and price signals.

In that realm, Jerome's question was irrelevant -- "how much do you need?" Does the market care about that? The question is "how much will you charge me?" The buyer doesn't, in theory, have to have any concern about what the level of profit is (if there is even a profit). The purchase price is, well, the purchase price.

Blogging regularly at Get Energy Smart. NOW!!!

by a siegel (siegeadATgmailIGNORETHISdotPLEASEcom) on Thu Sep 20th, 2007 at 01:05:25 AM EST
[ Parent ]
It's a gift economy.

Oye, vatos, dees English sink todos mi ships, chinga sus madres, so escuche: el fleet es ahora refloated, OK? — The War Nerd
by Migeru (migeru at eurotrib dot com) on Thu Sep 20th, 2007 at 03:54:34 AM EST
[ Parent ]

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