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.

Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (3980)	7/3/2001 7:54:30 AM
From: jttmab	Read Replies (1) \| Respond to of 93284

The lesson of supply side economics is that production can be the leading factor in economic growth, that growth need not be demand driven. In fact, as a matter of history, in the technological era, production has often lead demand, because of the innovative, unimagined products brought to market, first considered desirable luxuries, and later necessary amenities of civilized life, like a good stereo. Rich people are more amenable to high risk ventures, and therefore are crucial to supplying the venture capital that can bring about innovation. Innovation is not demand driven, but growth definitely is demand driven. If you look at either Everett Rogers or the more populist Geoffrey Moore books. Diffusion of technology or innovation, has certain growth chararcteristics. The early adopters of innovation never amount to much in terms of market or growth. It's only the pragmatists and conservatives [Moore] that make a significant market that supports growth. Re: the Savings rate. I think it's the word Savings the leads one to Savings account. I've thought that there may have been a time when the two were synonomous, but looking into it is way down the priority list. I am sorry, I must have missed something. To hell with the family... An exaggerated point on my part. But not more so than an earlier point that you made that took me from a number of observations on your trip to Paris along with a few anecdotes from some business travellers to England that became a systemic problem of customer service throughout Europe. I don't have any stats on the issue of family culture. That should be a relief. Just observations of 20 years in the States and a year in the UK. Families are more tightly knit here and appear to spend more time together. I've never heard a complaint that I don't spend enough time with the family as I often heard in the States. My wife certainly complains about the loss of convenience in going shopping after work. The Brits don't generally complain about it; I suppose that the retail workers are quite happy to be home having dinner. While my wife complains, since the Brits don't, it seems to me that it's market driven. There's no signficant consumer demand for late night shopping. I thought Dad spent most of his evening at the pub, with lukewarm Guiness and a game of darts. Friday evening is the tradition, men are shooting the darts or just drinking a pint, wives are chatting it up. It's typically more of a community event. The Brits will tell you that cold beer is cold to cover the bad taste of the particular brew. If the pub is serving it cold, it's because the barrel is old and the flavor has deteriorated. The coldness stuns the taste buds. Everyone likes vacations, can't make much out of that. What is the rare dream vacation for middle class America is the typical vacation for most middle class Brits. I have never stayed at a bed and breakfast, and do not find the idea congenial. I prefer more privacy, for one thing, and do not want to be forced into intimacy with my hosts or the other guests. We just got back from a B&B up north. My wife and I [and the dog], two bedroom, bath and a half, living room, fireplace, kitchen. That was the entire building structure. The dining area was in a separate building. About 60 US dollars/night [+8 if you wanted breakfast included for the two of you], small TV, rooms were a bit smaller than I would like. [Similar in size to the rooms I've had in Manhattan] I didn't care for the decor one bit. Never had contact any with another guest. That's an accurate description, you can decide if that's more or less appealing than the Hilton. I think it's personal preference. The tv. While I fully understand your preferences towards a tv. The issue was customer service. You used the tv example as a measure which was important to you [which is fine]. But if you come to a conclusion that it's in a sense poor customer service, you should understand that Europeans don't place as high an emphasis on TV as Americans do. If you want to extrapolate to some catering of customer preferences, we should gather some data on what percentage of the tourist market in Paris is American vs. what percentage is European to have a better idea whether the Parisians are market driven. My wife's preference to shopping in the evening doesn't drive the Northern England market. the administration who can get deliver the best services at the least cost will win. That is why, for example, Guiliani swept all of the boroughs in his second mayoral campaign....... and I suppose the same applies to Sen Ted Kennedy and Sen Strom Thurmond. I have a hunch that I may be more cynical than you. jttmab