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Pastimes
Austrian Economics, a lens on everyday reality
An SI Board Since December 2001
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Emcee:  Don Lloyd Type:  Moderated
Introduction Compact
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320gpowell, <i>My post did not mention how decision makers discover exchangeDon Lloyd-11/18/2003
319Money allows decision makers to budget, and budgeting implies an intertemporal fgpowell-11/18/2003
318<I>Even if utility has enough reality to be maximized, there is nothing togpowell-11/18/2003
317Wildstar, <i>This gets more and more confusing. 1)I can see how the marDon Lloyd-11/18/2003
316Don, <i>For the purposes of this discussion, the largest revenue price isWildstar-11/18/2003
315Wildstar, <i>Maybe I am missing something, but is the largest revenue priDon Lloyd-11/18/2003
314Don, <i>The price that a rational firm sets at the PTOS (point and time oWildstar-11/18/2003
313gpowell, >The last dollar I spend this month in a series of smaller >and Don Lloyd-11/18/2003
312gpowell, <i>Further Notes on MRS. As decision makers move towards utilitDon Lloyd-11/17/2003
311Further Notes on MRS. As decision makers move towards utility maximization, thgpowell-11/17/2003
310<I>The last dollar I spend this month in a series of smaller and smaller sgpowell-11/17/2003
309Wildstar, <i>I don't understand - replacement cost of the factor?<Don Lloyd-11/17/2003
308Don, <i>I suspect that the actionable item is not a sunk cost, but a replWildstar-11/17/2003
307gpowell, <i>In all market exchanges, there will be at least one exchange Don Lloyd-11/16/2003
306Wildstar, <i>I realize that, but if the reason he cannot accept a lower pDon Lloyd-11/16/2003
305<I>For finite resources, exchanges for goods that are valued for their subgpowell-11/16/2003
304Don, <i>The inability to accept a lower price.</i> I realize that,Wildstar-11/16/2003
303Wildstar, <i>If the marginal buyer of the non-specific factor is also theDon Lloyd-11/16/2003
302Wildstar, <i>To summarize Callahan's article: To the degree that diffDon Lloyd-11/16/2003
301Don, <i>Maybe. I want to say yes, but I don't trust the fuzzy state oWildstar-11/16/2003
300To summarize Callahan's article: To the degree that different objects are nWildstar-11/16/2003
299gpowell, <i>The operative statement in my post is here: If one state is pDon Lloyd-11/16/2003
298Wildstar, <i>Is the Laffer curve entirely consumer dependent?</i> Don Lloyd-11/16/2003
297Wildstar, <i>So, the mechanism behind how prices for non-specific factorsDon Lloyd-11/16/2003
296Don, <i>From the supplier's viewpoint, every alternative price he mayWildstar-11/15/2003
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