The famous French economist Coco Chanel once observed, once observed, `Luxury is the necessity that begins when necessity ends'.
On Wed, Aug 11, 2010 at 02:02:28PM -0400, Doug Henwood wrote: > > On Aug 11, 2010, at 1:54 PM, Jim Devine wrote: > > > By the way, mainstream economists do not have a concept of needs. (For > > them, "needs" are simply intense subjective wants.) > > "there are wants and there are needs > and they're two very different things" > > - The Long Blondes, "Weekend Without Makeup" > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
