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Pastimes
Austrian Economics, a lens on everyday reality
An SI Board Since December 2001
Posts SubjectMarks Bans
445 23 0
Emcee:  Don Lloyd Type:  Moderated
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95<i> Any progressing economy is continually improving productivity and imprTimF-12/19/2001
94Tim - <i>...If foreign competition increases efficiency and total productDon Lloyd-12/19/2001
93<i> The explanation is that the economy is closed. The prices of individuaTimF-12/19/2001
92Tim - <i>...If the lower prices are a result of greater efficiency then tDon Lloyd-12/18/2001
91<i> If a good becomes available at a lower price, and an additional unit TimF-12/18/2001
90twfowler - <i>...If the consumers would prefer other products they probbaDon Lloyd-12/18/2001
89<i> So my concerns relate more to the 60% increase in resources used in prTimF-12/17/2001
88Tim - <<First, extra economic resources have been consumed, with materialDon Lloyd-12/17/2001
87Tim - Palm/3com - Those are all good answers, and seem to make sense. Try to fDon Lloyd-12/17/2001
86I think one of the beliefs of Austrian economics is that the value for an economTimF-12/17/2001
85<i> First, extra economic resources have been consumed, with material and TimF-12/17/2001
84That is a special case of limping along....but worth mentioning. There are some Neocon-12/17/2001
83Neocon - <i>...but marginal firms won't quit as long as they can limpDon Lloyd-12/17/2001
82You are right, I agree that most monopolies are nominal, there being effective sNeocon-12/17/2001
81Neocon - <i>I feel as if we are talking past one another, at this point. Don Lloyd-12/17/2001
80I feel as if we are talking past one another, at this point. I will consider theNeocon-12/17/2001
79All - Austrian Economics Advanced Placement Test Question #1 - interactive.wsjDon Lloyd-12/16/2001
78All - The subject header has been edited to add an index of topics. Regards, DDon Lloyd-12/15/2001
77Neocon - <i>...First, you are assuming that the monopolist cannot be in aDon Lloyd-12/15/2001
76You are assuming two things that do not hold. First, you are assuming that the mNeocon-12/14/2001
75<i> The Austrian definition of a monopoly, at least for Rothbard, is the oTimF-12/14/2001
74Tim - <i>So if the government gives a monopoly to me to supply water in tDon Lloyd-12/14/2001
73<i> The only way to call a price too high is if no one is willing to pay iTimF-12/14/2001
72Tim - <i>...but if there truly is little competition the monopoly produceDon Lloyd-12/14/2001
71Neocon - I see that some things that I posted on other subjects may be useful hDon Lloyd-12/14/2001
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