At 10:11 PM 4/18/01 -0700, J. Goard wrote:
>Anyway, it's
>not the mind per se that most people don't intuitively appreciate; it's
>only one particular economic function of the mind, the allocation of
>resources according to the information of prices.
I should have said: the allocation of resources in anticipation of events
which others have not anticipated, and therefore to which prices have not
yet adjusted, IOW entrepreneurial speculation.
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J. Goard, jjgoard@ucdavis.edu/wyattoil@foothill.net
e-gold account #100592 (www.e-gold.com)
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"...if by the last quarter of the twentieth century
godliness wasn't next to something more interesting
than cleanliness, it might be time to reevaluate
our notions of godliness."
--Tom Robbins, _Still Life with Woodpecker_
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