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To: Charles Hughes who wrote (22022)12/8/1998 11:28:00 AM
From: Gerald R. Lampton  Respond to of 24154
 
Which basically says that engineering is not a real profession, and that technology should stand still and wait for the economists to understand it. Technicians are supposed to balance economics with technology.

Engineers take the relative prices and customer needs of a given economic environment and come up with the best technical solution for that set of costs and customer's needs. Not only is that a "real profession," it is absolutely an essential one. It's just not an "economic" expertise, which is what is needed to solve the economic problem of efficiency posed by antitrust law.

Farber's testimony is what you get when you ask an engineer to solve an economic problem.

(As an aside, have you ever discussed marketing and customer relations with the engineers at a defense contractor? They may not be able to market their way out of a paper bag, but they can tell you all about the needs of their one customer. ;))