tag:blogger.com,1999:blog-2098432983500045934.post3702352111296935511..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: At the Intersection of Supply and Demand...The Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2098432983500045934.post-70035975626432701732010-12-23T20:27:51.724-05:002010-12-23T20:27:51.724-05:00Thanks
Merry Christmas to you too.
I will be on ...Thanks<br /><br />Merry Christmas to you too.<br /><br />I will be on call Saturday but its my first Christmas in a while and for a while.Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-87616098615044462962010-12-23T08:01:06.965-05:002010-12-23T08:01:06.965-05:00When it comes to labor though, the cost to a busin...<b>When it comes to labor though, the cost to a business (salary) is also the source for another businesses prices.</b><br /><br />The cost to a business (salary) is the price of labor. Two sides of one transaction.<br /><br />Same money used in another transaction is the price another business charges, and the price I pay. Two sides of another transaction.<br /><br />I just break it up different than you.<br /><br />Hey, I took a quick look at the Cranky Professor's post. Your challenge reminds me of something.... :)<br /><br />I'll get in on it over the holiday weekend.<br /><br />Have a good Christmas, Greg. (Hope you're not working!)<br /><br />ArtThe Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-2600901773378660192010-12-22T21:16:07.195-05:002010-12-22T21:16:07.195-05:00Hey come by this spot and give your thoughts on th...Hey come by this spot and give your thoughts on this post<br /><br />http://crankyprofj.blogspot.com/2010/12/thought-experiment.html<br /><br />This guy is a regular commenter at David Andolfattos blog. I hooked up with him earlier and prompted him to engage in this thought experiment.Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-43908567366527687952010-12-22T21:13:11.415-05:002010-12-22T21:13:11.415-05:00When it comes to labor though, the cost to a busin...When it comes to labor though, the cost to a business (salary) is also the source for another businesses prices.<br /><br />If I fire you, another business is losing a paying customer. Not a problem in normal times. When everyone is firing, I just accelerate the race to the bottom...... not enough customers.Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.com