Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (82804)	3/20/2001 1:43:23 PM
From: Don Lloyd	Read Replies (2) \| Respond to of 436258

ahhaha - ...This doesn't explicate some imagined "law of diminishing utility": ... From Capitalism, by George Reisman, page 49 - "4. The Law of Diminishing Marginal Utility and the Limitless Need for Wealth The principle that man's desire for wealth is limitless is fully consistent with the law of diminishing marginal utility, one of the most important and well-known principles of economics. The law of diminishing marginal utility states that the utility or, equivalently, the importance or personal value, that an individual attaches to a unit of any good diminishes as the quantity of the good in his possession increases...." Regards, Don