May. 27th, 2008

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May. 27th, 2008 05:39 am
birdwatcher: (Default)

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May. 27th, 2008 05:39 am
birdwatcher: (Default)
birdwatcher: (Default)
It is easy to think of material things as wealth, but material things are not wealth until they are in the hands of someone who values them. A highly technical book on electronics that is of no value to an art collector may be worth several hundred dollars to an engineer. Similarly, a painting that is unappreciated by an engineer may be of great value to an art collector. Therefore, a voluntary exchange that moves the electronics book to the engineer and the painting to the art collector will increase the value of both goods. By channeling goods and resources toward those who value them most, trade creates wealth for both the trading partners and for the nation.
Economics: Private & Public Choice By James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson, Thomson South-Western, 2006. Я думаю, это в достаточной степени мейнстрим -- книжка с цветными картинками для колледжей, она же экономическая часть программы CFA.
birdwatcher: (Default)
It is easy to think of material things as wealth, but material things are not wealth until they are in the hands of someone who values them. A highly technical book on electronics that is of no value to an art collector may be worth several hundred dollars to an engineer. Similarly, a painting that is unappreciated by an engineer may be of great value to an art collector. Therefore, a voluntary exchange that moves the electronics book to the engineer and the painting to the art collector will increase the value of both goods. By channeling goods and resources toward those who value them most, trade creates wealth for both the trading partners and for the nation.
Economics: Private & Public Choice By James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson, Thomson South-Western, 2006. Я думаю, это в достаточной степени мейнстрим -- книжка с цветными картинками для колледжей, она же экономическая часть программы CFA.
birdwatcher: (Default)
Плюнь в глаза -- а репутационные издержки по-прежнему незначительны.
birdwatcher: (Default)
Плюнь в глаза -- а репутационные издержки по-прежнему незначительны.