Re: extropians-digest V7 #304

From: Technotranscendence (neptune@mars.superlink.net)
Date: Sun Nov 10 2002 - 17:42:47 MST


On Sunday, November 10, 2002 7:13 PM Technotranscendence
neptune@mars.superlink.net wrote:
> I don't want to trade insults here, but I would like to reiterate the
> prices on a free market are not really set by any one person or group
by
> by the interactions of various people and groups.

Whoops!

That should have been:

I don't want to trade insults here, but I would like to reiterate the
prices on a free market are not really set by any one person or group
BUT BY the interactions of various people and groups.

BTW, a decent "recent" examination of the role of prices is Esteban F.
Thomsen's _Prices and Knowledge: A Market-Process Perspective_. Thomsen
takes disequilibrium approach to prices...

Cheers!

 Dan
http://uweb.superlink.net/neptune/

Film recommendation: "All or Nothing" by Mike Leigh. Now in theaters.



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