CDR: A famine averted...

Declan McCullagh declan at well.com
Tue Oct 3 16:37:09 PDT 2000


Ah, but who decides what the best interests of the market are? 
Its participants, of course, by pricing things as they see fit.

The best interest of the market, arguably, is to be left alone,
or at least interfered with in a very predictable way.

-Declan

On Tue, Oct 03, 2000 at 07:58:46AM -0500, Jim Choate wrote:
> Why in major disasters do prices go up, when it is clear this is contrary
> to the best interest of the market? That without price fixing the majority





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