Apropos Austrian Aphorisms

the T(hesaurus)-Rex of blogs chomping on malapropos market malapropisms

Greed!

Greed is a deadly sin, and it is an oft-propagated malapropos market malapropism. This will be a short post with one question.

 

How can sellers be greedy when buyers determine prices?

Published Sat, May 17 2008 12:01 PM by thedo
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Comments

# re: Greed!@ Tuesday, May 20, 2008 9:25 AM

It is no large matter

to see through the veil,

the immoral motives

of those whose who avail,

to judge for themselves

our interest and need.

Through every concoction

they hope to succeed,

to blot out from reason

"Profit or Greed?"

PROFIT = economic gain from what you own, produce or control (capital) by free exchange.

GREED = economic gain from what others own, produce or control by coercion.

by G8R HED

# re: Greed!@ Tuesday, June 24, 2008 5:55 AM

I think it is fine to enhance quality of life by whatever means, on condition that it does not subtract unfairly from the quality of life of others.