tag:blogger.com,1999:blog-2511547481246537272.post7570219548546007286..comments2023-08-10T10:16:34.791-04:00Comments on Schumpeter's Century: 50 Most Important Economic IdeasPhilip Auerswaldhttp://www.blogger.com/profile/08509305350840745524noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2511547481246537272.post-82460664500865096662009-11-01T14:22:32.467-05:002009-11-01T14:22:32.467-05:001. Free price system. natural, free price.
2. Fix...1. Free price system. natural, free price.<br /><br />2. Fixed price system<br /><br />free price wins. free price works.<br /><br />price of shoes<br />price of chicken<br />price of milk<br />price of comoputers<br />price of cell phones<br />price of semiconductors<br />price of workers in usa<br />price of workers in china, vietnam,<br />price of gold, oil, commodities.<br />price of workers in mexico, brazil, india<br />price at wal-mart<br />price at Target<br />price at Hilton, Motel-six, Denny's<br /><br />Free-market is based on a free-price. Free-price allows prices to go up and down. Up and downs. <br /><br />1. supply<br /><br />2. demand<br /><br />3. price. <br /><br />price is where supply and demand hang out. free price system lets's the world know where supply and demand hang.<br /><br />idiots in china, USSR, india, half of world did not know this from 20th. century till 21.st. century.<br /><br />Free price works<br />Free price wins<br />Free price is future.Galileo Galileihttps://www.blogger.com/profile/06339462598518267487noreply@blogger.comtag:blogger.com,1999:blog-2511547481246537272.post-24681530979216331872009-08-17T23:38:17.046-04:002009-08-17T23:38:17.046-04:00Thanks for the link and kind words. And yes, I abs...Thanks for the link and kind words. And yes, I absolutely do need something in the spirit of economic imperialism. "Rational choice" is one way to do that (i.e., the theory that people make rational choices generally), but it's not a fun bumper sticker. As you say, Becker's Theory of the Family would be a way too start, but that seems too narrow. Still pondering ...Anonymousnoreply@blogger.com