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Pastimes : Austrian Economics, a lens on everyday reality
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To: Wildstar who wrote (206)4/28/2003 12:33:01 AM
From: Don Lloyd   of 445
 
Wildstar,

Isn't the notion of a "curve" at odds with what you wrote here?

I don't think so. A 'curve' can usefully convey information about the relationship between separate conceptual data points even if no concrete data can be assigned to the data points themselves. For example, the concept of a downward sloping demand curve, increasing unit demand vs decreasing unit price, without any actual data points required, is valid for Austrian economics as well as for other economics.

Regards, Don
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