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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: IceShark who wrote (13917)8/25/2000 3:12:56 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
i see you took the opportunity to remind me in a roundabout way about them tires...-g-

the main failing of JIT is imo the problem of sudden 'force majeure' supply disruptions, but other than i think we can assume that it has been a real productivity boon...in conjunction with the instant availability of supply/demand information it has certainly helped to alleviate the cyclical behavior of the economy.

it is wrong however to assume that it has killed economic cycles per se - as the bust, when it comes, will prove in spades.
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