--- In [EMAIL PROTECTED], "jhrothjr" <[EMAIL PROTECTED]>
wrote:
>
/snip/
>
> The thing to understand about economics is that
> if you have perfect competition, nobody makes
> any profits. Profit is made by exploiting some
> inequity in the market. If you understand this
> one fact, you can cut through an amazing amount
> of the BS that passes for "economics" these
> days.
You certainly talk about "excess" profits ?
In an ideal world profits correlate to the risks you take and the
efficiency of your resource allocation.
J�rgen
--------
J�rgen Ahting - AMECO GmbH
If you give me six lines written by the most honest man, I will find
something in them to hang him. -- Cardinal Richelieu
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