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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Don Lloyd who wrote (23939)	10/6/2002 4:51:39 PM
From: Moominoid	Read Replies (1) \| Respond to of 74559

That's what that article you gave me seemed to be saying. I'll post my notes when they are ready - OK. The neoclassical view is that prices are equal to marginal utiltiies because if everyone is optimizing and maximizing their utility then they will consume the right amounts so that their marginal utility is equal to the price, or rather the ratio of their marginal utilities will eb equal to the price ratios. The deeper thing is showing that price is only one dimension of value and that the value of essential resources is infinite.....