William Sjostrom: >This says people behave differently because they have different tastes. This isn't helpful unless you have some way to observe and explain differences in tastes.
To an economist, if you say so, it may be unhelpful. For a mere businessman, it is vital information. Every businessman must _at least_ know that such differences in behavior actually exist -- and, pace Sjostrom, they are readily observable everywhere, at every time. The more thoughtful may also inquire about patterns into which such differences may be usefully seen to fall. Folks get rich doing exactly that sort of thing, regardless of whether it is helpful. Michael Michael E. Etchison Texas Wholesale Power Report MLE Consulting www.mleconsulting.com 1423 Jackson Road Kerrville, TX 78028 (830) 895-4005
