Although these "conversations" with Harry are like hitting one's head on a "stoned wall" (stoned - because whatever Harry is taking appears to have reduced his cognitive abilities to below the threshold of tolerance), they do allow for a great many important points to be brought up in rebuttal. So, thank you Harry.
 
Just a couple of (my own) clarifying points below:
 
 
----- Original Message -----
From: Christoph Reuss <[EMAIL PROTECTED]>
Sent: Monday, June 06, 2005 5:46 PM
Subject: [Futurework] Re: the best service at the cheapest price (was Re:Italy and the Euro)

| Harry Pollard wrote:
| > The free market (when it exists) tosses out the companies which fail to
| > supply the best service at the cheapest price.
|
| In practice, the market rather only looks at the cheapest price and
| tosses out the companies which supply a better service (for a
| corresponding price).
|
| That's why the market ends up with cheapo crap.  Even if I want to buy
| good products for a good price, I can't, because the companies went broke,
| driven out of business by the cheapo crap - "that most people buy".
 
"that most people assume they can afford"; perhaps in order to maintain their position in the race of "status-quo" so often worked over by Keith. It would also appear to be the "advertising" (or corporate flim-flam) that drives this "distraction toward mediocrity".

|
| What remains is companies like the one that caused the second Alpine
| road tunnel between France and Italy to shut down for months (see article
| below), just because   - "the company thought it was clever to save a few bucks
| on keeping their trucks in shape and on the salaries of their drivers".
 
This IS the "free-market" approach that Harry so often spouses.

| The same happened in 1999 with the other F-I tunnel (Montblanc).  Just
| in order to haul such essential stuff as tires from Belgium to Italy !
| (Comparative advantage??  They make tires everywhere...)
|
| ----
|
| -Ed Weick wrote to Harry:
| -"> But God bless you for reminding us of the economics of the 19th Century.
|
| -Harry is clearly more modern than Keith who keeps reminding us of the
| -economics of the stone age.
 
Consequently the problem of "economics" which is too often based upon the past and not upon "future" concerns.
Personally, I find Ed's reply : ...
 
>My own view of free markets is that, like the Garden of Eden, they are a beautiful idea.  They may have >existed long ago when, as Keith maintains, people traded red ochre over long distances, but I doubt that >they were all that free even then.  The following article reminds us once again that there are huge multi->polar interests involved in markets as they now exist.  It also reminds us that, the more complex and >costly the product, the more likely these interests are to rise to the surface (or to just under the surface)  >and attempt to steer markets in directions to their advantage.
 
>Power and Interest News Report (PINR)

>http://www.pinr.com
>[EMAIL PROTECTED]
------------------------------

>07 June 2005

>To see all of our recent Intelligence Briefs, visit the following URL:
>http://www.pinr.com/report.php?ac=view_region�ion_id=23

- to be more sane in reasoning then Harry's continued regurgitation of the "truths" that the U.S. promulgates to the world.
 
 
Darryl
 

|
| Chris
|
|
|
| http://news.yahoo.com/news?tmpl=story&u=/afp/20050605/wl_afp/franceitalyslovenia_050605193440
|
|
| Alpine tunnel closed for months after deadly inferno
|
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