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RE: Which ones? (nm)

Posted on: December 22, 2016 at 14:29:39 CT
GA Tiger MU
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2. Applies only so long as there is enough stuff from which to produce. And, it probably applies only to mfg, as opposed to service jobs.
5. Again, applies to mfg, not service jobs. In the latter, "productivity" is difficult, if not impossible, to even measure.
7. Wrong. Money is certainly wealth by any rational definition. Without it, from someone, business cannot be formed to produce more wealth.
8. I see no point in this discussion. May as well say water is wet, as if that proves something.
10. Wrong, today. Producing palm oil (an unneeded product) by destroying huge tracts of Indonesian virgin forest will subscribe to the laws of economics. But in the long term it is not logical. Destruction of virgin forest thruout the world, as we are, will surely create problems that will cost far more than the money made from palm oil. An unneeded product which simply replaces other oil already existing.
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Ten Fundamental Laws of Economics - ummmm MU - 12/22 11:47:12
     Some very shallow, and also wrong, comments there. - GA Tiger MU - 12/22 13:00:06
          Which ones? (nm) - ummmm MU - 12/22 13:21:50
               RE: Which ones? (nm) - GA Tiger MU - 12/22 14:29:39
                    I don't have time right now to go through these individually - ummmm MU - 12/22 14:50:21
     0. Demand precedes production - FootballRefugee MU - 12/22 12:01:45
          The problem here, it appears to me, are differing - JeffB MU - 12/22 21:09:59
          Unless, of course, its dictated by gov't dictate.(nm) - GA Tiger MU - 12/22 13:00:55
               Demand is constituted by Supply. - ummmm MU - 12/22 13:22:22
                    No, demand exists without supply - FootballRefugee MU - 12/22 13:35:47
                         macro, FR, macro - nothing can be demanded by he who - 90Tiger MU - 12/22 14:00:03
                              you're still failing on the macro, too - FootballRefugee MU - 12/22 14:03:02
                                   FR, when folks don't produce and hence don't have the means - 90Tiger MU - 12/22 14:56:04
          Not in a lot of cases - BeakerHater MU - 12/22 12:39:55
               In the macroeconomic sense (not company specific), demand - ummmm MU - 12/22 13:23:34
                    Ability to buy? What the hell does that have to do with - GA Tiger MU - 12/22 14:32:49
                         GA, demand =/= want. demand in the economic - 90Tiger MU - 12/22 14:57:06
                              To be expected in academia. Willful obfuscation, by - GA Tiger MU - 12/22 16:12:19
                                   You're the one redefining "demand". You want to - ummmm MU - 12/22 17:00:55
                                        I don't give a shlt about the economic definition. And since - GA Tiger MU - 12/22 18:34:53
                         That is the economic definition of "demand", GAT - ummmm MU - 12/22 14:49:18
                              no, he can't (nm) - 90Tiger MU - 12/22 14:57:30
               true, these are the truly wealthy ... - tmcats KSU - 12/22 13:20:34
               In nearly all cases... - Spanky KU - 12/22 12:47:32
               the entrepreneur sees demand in most cases - FootballRefugee MU - 12/22 12:45:42




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