View Single Post
  #168   Report Post  
jim rozen
 
Posts: n/a
Default An apology

In article , "Ed says...

The second thing to consider is that manufactured goods are really "packaged
services." You don't buy a car to display as sculpture in your library. You
buy it to get you from place to place, to provide the service of
transportation. Manufactured goods tend to be very efficient packages of
services, but the thing you're buying when you purchase them is the services
they provide.


There's a lot of meat (hamburger?) in that paragraph, and
I've never seen it put that way before. But from personal
experience, working where I do, this has a definite resonance.

So the distinction between goods and services as measures of "wealth" is an
artificial one, ...


Very interesting.

Jim

==================================================
please reply to:
JRR(zero) at yktvmv (dot) vnet (dot) ibm (dot) com
==================================================