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  • The Intrinsic Value of Nothing, Part 1 [View article]
    great point, John. And i would add that only based on your description of value-in-use can object have value in exchange. The author dismisses his "bad theory" rather cavalierly. his "philosophical" premise is superficial


    On Oct 27 10:58 AM John Lounsbury wrote:

    > Paco - - -
    >
    > Good article, but I have a philosophical bone to pick.
    >
    > You wrote:
    >
    > "Nothing in this universe has intrinsic value; every single thing
    > you possess, want to possess, use, can use, have used, can offer,
    > have offered, or will offer is valuable only if someone else finds
    > it valuable."
    >
    > You have defined value in terms of exchange. I would argue that is
    > too narrow a definition. There are things with intrinsic value independent
    > of any medium of exchange. Exchange is merely one way, but not the
    > only way, to define value.
    >
    > I maintain that anything necessary for my existence has intrinsic
    > value. Air to breathe, water to drink and food to eat have intrinsic
    > value. The value has a binary measurement: either I have these things
    > and exist or one is missing and I don't exist.
    >
    > Most economists make their definitions based on commerce. The basics
    > of existence don't come into the equation, except for a few fringe
    > operatives who play with things like "happiness indexes".
    >
    > Ultimately, all of the "commercial" definitions of value are secondary
    > to the "existence" definition of value. We lose sight of that and
    > many externalities result, which repetitively blow apart the best
    > of economic theories. Throughout history societies and civilizations
    > have failed because of resource exhaustion. They thrived on commerce
    > and decayed on the basis of not sufficiently supporting existence.
    >
    >
    > There absolutely are things with a real intrinsic value.
    >
    > I know this is outside the scope you intended to address, but I just
    > had to have my rant.
    Oct 28 09:34 am |Rating: +2 -2 |Link to Comment
  • E*Trade Shows Bullish Signals [View article]
    ETFC has been trying to make a meaningful move up for a long, long time. Can't say i have a ton of faith at this point
    Oct 16 16:27 pm |Rating: +1 -1 |Link to Comment
  • Microsoft: Whistling in the Dark [View article]
    On a different note, the mere mention of MSFT and Apple in blog post generates more - more interesting, more acerbic, more provocative - commentary than just about any other subject I know. sort of wish the healthcare debate had more of this kind of exchange
    Aug 14 09:32 am |Rating: +3 0 |Link to Comment
  • The Mac vs. PC Debate Was Never Clearer [View article]
    completely silly. i use a high-end wireless logitech laser mouse with my imac every day. your caricature of a current mac as a glitzy toy is foolish


    On Jul 25 01:44 AM Albert Ling wrote:

    > Apple charges for:
    > 1) brand
    > 2) image
    > 3) design
    > 4) simplicity of use
    > 5) aesthetics
    > 6) trendyness
    >
    > Apple was never about hardcore gaming, compatibility, opensourceness,
    > raw power, tweakability, price/performance, etc.
    >
    > So I'd recomend Apple for my rich grandmother who never used a computer
    > before, or for my trendy clothing store to use at the cashier.. and
    > a non-apple computers for everyone else
    >
    > My mouse has 11 buttons and I use all of them. My mother's iMac has
    > a one-button mouse. If I wanna play any of my games at her PC i'd
    > have to download a patch or stuff like that.
    >
    > Easy choice
    Jul 25 10:14 am |Rating: 0 -3 |Link to Comment
  • The Mac vs. PC Debate Was Never Clearer [View article]
    After many years using PCs I switched back to Macintosh, and have never looked back. The Mac OS doesn't crash, is more inviting and pleasing to use, the machine doesn't require bloated anti-virus software, and there's virtually nothing I want to do from either business or personal standpoints that I can't do just as well (better) on the Mac. Yes, I paid a price premium. I'm more than happy with the value for my dollar.
    Jul 25 00:36 am |Rating: +1 -1 |Link to Comment
  • A Sad Day for Newspapers [View article]
    the "media bias" charge has been marketed to death by the political Right. Puhleeeze. No one is pure. This is a stick conservatives beat liberals with, nothing more
    Feb 27 19:22 pm |Rating: +2 -9 |Link to Comment
  • A Sad Day for Newspapers [View article]
    adaptation to a shifting paradigm is the problem. As far as I can see the NY Times has done it. I go to their website daily, and am delighted by the content. I hope they can make online biz model work, cuz I want them to stay around. It is definitely a game now of big brands. NYT can get the readers online; Rocky Mtn Times, no.
    Feb 27 19:19 pm |Rating: +3 -2 |Link to Comment
  • MacWorld to Follow Floppy Disk Into Extinction [View article]
    we hope
    Dec 17 12:44 pm |Rating: +1 0 |Link to Comment
  • Auto Industry Rescue Delays the Inevitable [View article]
    GM, et al, the black sheep of american capitalism. simply unable to produce decent products, and just as incapable of real change. waste of time, waste of money
    Dec 09 09:22 am |Rating: 0 0 |Link to Comment
  • Chip Stocks Deteriorating Fast - FBR [View article]
    Nvidia??
    Nov 24 13:47 pm |Rating: 0 0 |Link to Comment
  • The Great Consumer Crash of 2009 [View article]
    please forward to Barack Obama, post haste
    Nov 17 09:51 am |Rating: 0 0 |Link to Comment
  • Things Aren't as Bad as They Seem - Barron's [View article]
    who has any fr**kin money left to spend?? everyone's taken a major hosing
    Oct 19 22:50 pm |Rating: 0 0 |Link to Comment
  • Will We Know When We've Made a Low? [View article]
    "We really only know when we've made a low when we're able to assess subsequent buying interest after price and momentum lows have been made. That often means missing exact price lows, but it also avoids the discomfort of catching those proverbial falling knives..."

    doesn't that simply mean "someone will find the low. Just not you."?
    Oct 18 10:14 am |Rating: 0 0 |Link to Comment
  • History Says That We'll Be Fine [View article]
    you promise? how comforting
    Oct 14 18:18 pm |Rating: 0 -1 |Link to Comment
  • Relief Rally in Pictures [View article]
    can someone pls advise on when i should buy back SDS, DXD, FXP or SMN?

    lol
    Oct 13 12:40 pm |Rating: 0 0 |Link to Comment
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