Sunday, October 30, 2005

Needs vs wants

The C-J last Sunday had an article titled Gotta have it? They asked: "High heating costs have people vowing they may have to cut back to the necessities this winter. But what, exactly, constitutes a "necessity" these days?"

What a great question, so I was surprised to find out that "...many of us feel we need the Internet to stay informed, need cell phones to stay in touch with loved ones and need e-mail and faxes to transfer information. People talked about how eating out, getting their nails done were all necessities, and not luxuries.

But then, on reflection, I wasn't that surprised, for I realized that the reporter was interviewing mainly middle class people, and not the working poor, and/or those who have to choose between toilet paper and cereal (take a look at Barbara Einrich's Nickel and Dimed).

I read this statement next: "The basic aspect of economics is that we have to make choices," said Jack Morgan, recently retired director of the Center for Economic Education, which is affiliated with the Kentucky and national Councils on Economic Education. "The reason we have to make choices is because we can't have everything we want."

I first ran across statements like this while in one of my many years of graduate school, and I was puzzled by it then, and am still so now. I had thought, and still do, that economics helps producers and marketers sell goods and services. Most of us know very little about economics, and think of it as a very complex science, filled with arcane words and concepts.

I wish that economics truly were a scientific tool that would help us make good choices, (in the same way that the New Testament of Christian Scripture can help us make choices based on moral principles). This would mean that we would be better able to make clearer choices between that latte and retirement, or that weekly magazine and giving money to hurricane relief or programs that help lift the poor out of poverty.

Just some thoughts. Happy Halloween. Any ideas on how to choose the optimal candy?

14 comments:

Dan Trabue said...

No need to ponder the optimal candy. Just go with candy corn (brach's, not the fake stuff). It's right every time.

And I agree with you, I think. I have always found economics closer to a theology than a science.

oakleyses said...

ralph lauren, vans shoes, barbour, lululemon, nike free, hogan, ray ban pas cher, louis vuitton, burberry, longchamp, sac louis vuitton, ray ban, nike roshe run, air jordan, mulberry, hollister, longchamp, nike roshe, air max, michael kors, louis vuitton, tn pas cher, north face, louboutin, air force, ralph lauren, nike free, nike huarache, new balance pas cher, hermes, oakley pas cher, converse pas cher, michael kors, lacoste, vans, nike air max, longchamp, michael kors, abercrombie and fitch, air max, timberland, hollister, vanessa bruno, karen millen, nike trainers, montre pas cher, louis vuitton, nike blazer, hollister, sac guess

oakleyses said...

mcm handbags, ugg boots, mont blanc, juicy couture outlet, canada goose, valentino shoes, ferragamo shoes, juicy couture outlet, mac cosmetics, babyliss pro, canada goose, ugg, insanity, north face jackets, uggs on sale, roshe run, marc jacobs, reebok outlet, birkin bag, wedding dresses, ugg boots, ghd, soccer jerseys, giuseppe zanotti, lululemon outlet, nfl jerseys, chi flat iron, abercrombie and fitch, celine handbags, moncler, beats by dre, moncler outlet, canada goose, new balance shoes, canada goose, canada goose outlet, herve leger, rolex watches, canada goose outlet, instyler, moncler, north face outlet, p90x, jimmy choo, uggs outlet, asics, moncler, bottega veneta, soccer shoes, supra shoes

oakleyses said...

louis vuitton outlet online, prada handbags, toms shoes, oakley sunglasses, nike air max, michael kors outlet, louis vuitton handbags, louboutin, tiffany and co, polo ralph lauren outlet online, michael kors outlet online, louboutin outlet, louboutin shoes, louis vuitton outlet stores, polo ralph lauren outlet, chanel handbags, michael kors outlet, air max, louis vuitton, ray ban sunglasses, kate spade handbags, burberry outlet online, gucci outlet, jordan shoes, coach factory outlet, prada outlet, christian louboutin shoes, oakley sunglasses, nike shoes, ray ban sunglasses, louis vuitton outlet, michael kors outlet, tory burch outlet, michael kors outlet online, cheap oakley sunglasses, coach outlet, longchamp handbags, kate spade outlet, burberry outlet online, nike free, longchamp outlet, michael kors outlet, true religion jeans, longchamp handbags, coach outlet store online, coach purses, coach outlet

Unknown said...

abercrombie
oakley sunglasses
louis vuitton outlet
louis vuitton handbags
ralph lauren outlet
burberry outlet
mont blanc
chanel handbags
coach factory
jordan concord 11s
coach outlet store online
oakley sunglass
coach outlet store online
polo outlet
pandora charms
true religion
jordan 11 snakeskin
louis vuitton handbags
michael kors handbags
kobe bryant shoes
louis vuitton handbags
true religion outlet
coach outlet
coach outlet online
true religion jeans
chanel handbags
jordan 13s
hollister clothing store
20150508yuanyuan

Unknown said...

shijun 6.27
coach outlet
jordan shoes
michael kors
coach outlet online
oakley sunglass
kate spade purses
michael kors outlet
new jordans
jordan 4 retro
white timberland boots
hollister
louis vuitton handbags
coach factory outlet
tod's outlet
ralph lauren outlet online
christian louboutin shoes
louis vuitton handbags
nfl jerseys
celine luggage tote
pandora rings
wholesale nfl jerseys
tods sale
insanity dvd sale
cheap chanel handbags
louis vuitton outlet
coach factory outlet online
ray ban wayfarer
michael kors outlet
christian louboutin sale
jordan shoes
ray ban aviators
toms.com
louis vuitton handbags
lululemon outlet
soccer jerseys
marc jacobs
jordan 11 columbia
dior outlet store
polo ralph lauren
michael kors handbags

chenlina said...

chenlina20160415
cheap oakley sunglasses
canada goose jackets
ralph lauren outlet
ray ban sunglasses
celine outlet
ray bans
tods outlet online
coach outlet
replica watches
kobe 9
louis vuitton
true religion
michael kors handbags
replica rolex watches
kate spade handbags
michael kors handbags
cheap jerseys
louis vuitton handbags
nike air max
nike air force 1
louis vuitton outlet
nike trainers uk
coach outlet
louis vuitton
true religion jeans sale
lebron james shoes 13
toms shoes
louis vuitton outlet
ray ban outlet
oakley vault
vans shoes sale
toms shoes outlet online
christian louboutin outlet
polo ralph lauren outlet
nike huarache
nike air max 90
ray ban sunglasses
christian louboutin shoes
lebron 13
coach outlet online
as

Unknown said...

mulberry bags
toms shoes
oakley sunglasses
coach outlet online
kate spade uk
swarovski outlet
cheap nba jerseys
cartier watches
coach outlet online
coach outlet store
michael kors factory online
toms outlet
coach handbags
omega watches
michael kors wallet
lululemon outlet online
hollister clothing
lululemon outlet
oakley sunglasses
michael kors handbags
ralph lauren outlet
ralph lauren outlet
beats by dr dre
ferragamo outlet
air jordan shoes
prada sunglasses
chrome hearts outlet
rolex watches
nike tn pas cher
coach outlet
mulberry handbags
nike air max 90
ferragamo shoes
ferragamo shoes
coach outlet
20160418caihuali

Unknown said...

7.02llllllyuancheap nfl jersey
chrome hearts outlet
true religion outlet
true religion jeans
tory burch outlet
nike air huarache
nike huarache
cartier sunglasses
michael kors outlet
ferragamo shoes
coach outlet online
christian louboutin outlet
beats headphones
louis vuitton handbags
louis vuitton pas cher
true religion outlet
tiffany outlet
ralph lauren pas cher
herve leger outlet
christian louboutin shoes
christian louboutin uk
timberland shoes
michael kors canada
michael kors factory store
nba jerseys
tiffany outlet
basketball shoes
toms shoes
air jordan shoes for sale
adidas wings
mulberry handbags
ralph lauren outlet
ferragamo shoes
michael kors handbags
ralph lauren polo
7.02

chenzhen said...

mlb jerseys wholesale
under armour
tiffany uk
timberland uk
nhl jerseys wholesale
oakley sunglasses outlet
nike cortez shoes
adidas trainers
true religion jeans
kobe bryant shoes
cheap jordan shoes
cheap jordan shoes
michael kors outlet canada
ray ban sunglasses
true religion jeans outlet
louboutin shoes
michael kors canada
toms outlet
true religion outlet
fitflops
cartier love ring
cheap oakleys
louis vuitton handbags
adidas superstars
tory burch outlet online
oakley sunglasses wholesale
gucci borse
tiffany jewelry outlet
adidas superstar white
coach factory outlet online
louis vuitton handbags
michael kors handbags
micahel kors
nmd adidas
nike blazer
ray bans
kate spade outlet online
toms outlet
cheap ray bans
chenzhen2016712

chenzhen said...

mlb jerseys wholesale
under armour
tiffany uk
timberland uk
nhl jerseys wholesale
oakley sunglasses outlet
nike cortez shoes
adidas trainers
true religion jeans
kobe bryant shoes
cheap jordan shoes
cheap jordan shoes
michael kors outlet canada
ray ban sunglasses
true religion jeans outlet
louboutin shoes
michael kors canada
toms outlet
true religion outlet
fitflops
cartier love ring
cheap oakleys
louis vuitton handbags
adidas superstars
tory burch outlet online
oakley sunglasses wholesale
gucci borse
tiffany jewelry outlet
adidas superstar white
coach factory outlet online
louis vuitton handbags
michael kors handbags
micahel kors
nmd adidas
nike blazer
ray bans
kate spade outlet online
toms outlet
cheap ray bans
chenzhen2016712

Unknown said...

moncler pas cher
polo ralph lauren outlet
michael kors uk
moncler uk
fitflops clearance
ralph lauren sale
coach factory outlet
gucci outlet online
marc jacobs
pandora outlet
170701yueqin

sandy said...

ونقدم ايضا العطار افضل شركة مكافحة حشرات بالمدينة المنورةتقضي على جميع الحشرات

http://www.atar-almadinah.com/khasil.html



http://www.atar-almadinah.com/mokafha.html

jan said...



شركة غسيل خزانات بالمدينة المنورة شركة غسيل خزانات بالمدينة المنورة
افضل شركة تنظيف منازل بالمدينة المنورة شركة تنظيف بيوت بالمدينة المنورة