Re: spamonomics
Christopher Auld wrote: . . . Merchants who think I might be keen to see Paris Hilton perform intimate acts are third on the list. Followed closely by offers from extremely respectable officials in Nigeria . . . . For me these days, smut comes after services for insurance brokers. -- Anton Sherwood, http://www.ogre.nu/
Re: [armchair] Re: spamonomics
Fraud is not part of the market. Fred Foldvary --- Ron Baty [EMAIL PROTECTED] wrote: Fraud should not be part of the market but always has been and will likely continue to be part of any realistic market A pure market consists of voluntary economic acts, and theft, including fraud, has involuntary victims, so fraud is outside the pure free market. You are really saying that there will always be attacks on property rights; but these are violations of rather than part of a pure market. In a free market economy how would you eliminate fraud without limiting the free market or changing human nature? Of course no policy can eliminate fraud; rather, optimal policy seeks to minimize the net social cost of fraud. And is it not the presence of fraud, using a broad definition, that enhances the effect of reputation in market exchanges. I don't see why that would be the case. Fred Foldvary
Re: spamonomics
Wow, I was going to respond that I've almost never gotten an email for insurance, and then decided not to clutter up the list. When I checked my new mail again, however, I found an ad for insurance! That reminded me that in fact I have gotten many emails, mostly for cheap health insurance. David In a message dated 1/22/04 11:34:07 AM, [EMAIL PROTECTED] writes: Christopher Auld wrote: . . . Merchants who think I might be keen to see Paris Hilton perform intimate acts are third on the list. Followed closely by offers from extremely respectable officials in Nigeria . . . . For me these days, smut comes after services for insurance brokers.
