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Main
Date: 06 Nov 2007 21:07:45
From: Crescentius Vespasianus
Subject: need an economic term......
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I've noticed around here, as the price
of gas goes up 15 cents a week, there is
corresponding increase in the amount of
driving that I'm seeing. It's not
inelastic demand, because as the price
goes up, demand increases. So what is
the correct economic term?
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Date: 11 Nov 2007 15:28:17
From: datakoll
Subject: Re: need an economic term......
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Monthly data from the Commerce Department, due on Wednesday, is
expected to show retail sales rose 0.2 percent in October, according
to the consensus forecast of economists polled by Reuters.
That would represent a slower pace from the 0.6 percent increase in
September, which was bolstered by gasoline sales.
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Date: 10 Nov 2007 22:43:25
From: datakoll
Subject: Re: need an economic term......
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HAVE YOU SEEN DEPT.?
Woolmort is giving a year's free credit for (XMAS) purchases over
$250?
here's three buying a truck
"It was a good day for Indianapolis 500 winners in NASCAR qualifying.
Sam Hornish Jr. joined Jacques Villeneuve and Juan Pablo Montoya as
former Indy 500 winners to earn a spot in Sunday's Nextel Cup race at
Phoenix International Raceway -- marking the first time in NASCAR
history three former Indy champions will be in the field."
- from the pigs at Yahoo Sports
"
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Date: 10 Nov 2007 11:28:09
From:
Subject: Re: need an economic term......
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On Nov 6, 11:07 pm, Crescentius Vespasianus <jazzyb...@hotmail.com >
wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?
it is saving the hearth and some money in your pocket. i have figure
you save about $0.20 per mile if you ride your bike
regards,
carlos
www.bikingthings.com
Get Faster, Enjoy Cycling, Get Fit, Live Better.
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Date: 17 Nov 2007 06:39:48
From: datakoll
Subject: Re: need an economic term......
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"Same store retail sales are showing signs of trouble, with 26 stores
showing negative growth, three of them in double digits.
Despite massive discounting (and, ultimately, profit erosion) Wal-
Mart's sales growth dropped from a growth rate of 5.0 percent to just
0.7 percent. Even JC Penney -- a prime middle markets store -- reported
a negative 1.8 percent!"
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Date: 16 Nov 2007 04:56:35
From: datakoll
Subject: Re: need an economic term......
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http://news.yahoo.com/comics/uclickcomics/20071114/cx_crbc_uc/crbc20071114
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Date: 08 Nov 2007 14:17:02
From: datakoll
Subject: Re: need an economic term......
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Ford and GM lost money last quarter. GM lost more money than GM has on
the books!
http://www.nytimes.com/2007/11/08/business/08gas.html?_r=1&oref=slogin
your info...
"If gasoline prices are causing motorists to drive less over all, it
is not evident in the national statistics. Americans have consumed an
average of 9.3 million barrels of gasoline a day so far this year, an
increase of 0.6 percent from last year, according to the Energy
Department.
One reason many consumers have shaken off the gasoline price increase
may be that gasoline expenditures claim less than 4 percent of after-
tax personal income today, compared with more than 6 percent in 1981
when gasoline prices were also high, according to a recent study by
the Federal Reserve Bank of Dallas.
But there are signs that many Americans are feeling the pinch, and
business economists are worried that rising gasoline prices will cut
consumer spending this holiday season."
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Date: 08 Nov 2007 03:12:35
From: datakoll
Subject: Re: need an economic term......
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"We are experiencing among our clients an awakening that the United
States is in big trouble," said Erik Nielsen, chief Europe economist
at Goldman Sachs.
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Date: 07 Nov 2007 12:58:04
From: Crescentius Vespasianus
Subject: Re: need an economic term......
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O
> I'd call it the Dogs Dinner. If you've ever fed a group of dogs you
> would notice that they each gorge themselves to make sure they get what
> they consider their share before it runs out.
>
> Dorf
----------
There is a phrase "dog in the manger". It means kind of mean
spirtednes. It came from a dog who would sit on the hay in the barn,
thus denying the farm animals use of that hay. The dog couldn't eat
the hay, but he stopped the other animals from eating the hay.
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Date: 07 Nov 2007 09:02:11
From: Tim McNamara
Subject: Re: need an economic term......
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Crescentius Vespasianus wrote:
> I've noticed around here, as the price of gas goes up 15 cents a week,
> there is corresponding increase in the amount of driving that I'm
> seeing. It's not inelastic demand, because as the price goes up, demand
> increases. So what is the correct economic term?
Stupidity.
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Date: 07 Nov 2007 07:29:53
From: Tom Nakashima
Subject: Re: need an economic term......
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"Tim McNamara" <timmcn@bitstream.net > wrote in message
news:4731d372$0$19236$8046368a@newsreader.iphouse.net...
> Crescentius Vespasianus wrote:
>> I've noticed around here, as the price of gas goes up 15 cents a week,
>> there is corresponding increase in the amount of driving that I'm seeing.
>> It's not inelastic demand, because as the price goes up, demand
>> increases. So what is the correct economic term?
>
> Stupidity.
Funny Tim,
-tom
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Date: 07 Nov 2007 18:30:24
From: Tim McNamara
Subject: Re: need an economic term......
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Tom Nakashima wrote:
> "Tim McNamara" <timmcn@bitstream.net> wrote in message
> news:4731d372$0$19236$8046368a@newsreader.iphouse.net...
>> Crescentius Vespasianus wrote:
>>> I've noticed around here, as the price of gas goes up 15 cents a
>>> week, there is corresponding increase in the amount of driving
>>> that I'm seeing. It's not inelastic demand, because as the price
>>> goes up, demand increases. So what is the correct economic term?
>>>
>
>> Stupidity.
>
> Funny Tim, -tom
"Cranky" would probably be more accurate. I've seen way too many people
doing way too many stupid dangerous things while driving lately.
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Date: 07 Nov 2007 09:00:36
From: Crescentius Vespasianus
Subject: Re: need an economic term......
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>>
>>> Stupidity.
>>
>> Funny Tim, -tom
>
> "Cranky" would probably be more accurate. I've seen way too many people
> doing way too many stupid dangerous things while driving lately.
----------
you too. it's the failure of public
school system, parenting, or learning
how to drive with video games. it's
getting down right scary out there, I
even drive less myself.
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Date: 07 Nov 2007 21:43:28
From: Tim McNamara
Subject: Re: need an economic term......
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Crescentius Vespasianus wrote:
>
>>>
>>>> Stupidity.
>>>
>>> Funny Tim, -tom
>>
>> "Cranky" would probably be more accurate. I've seen way too many
>> people doing way too many stupid dangerous things while driving lately.
> ----------
> you too. it's the failure of public school system, parenting, or
> learning how to drive with video games. it's getting down right scary
> out there, I even drive less myself.
If it was just young people, I'd agree. But it's people of all ages
around here. Every day I see at least one person whip across four lanes
to get to an exit, in heavy traffic nearly causing accidents.
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Date: 07 Nov 2007 10:22:11
From: Crescentius Vespasianus
Subject: Re: need an economic term......
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Tim McNamara wrote:
> Crescentius Vespasianus wrote:
>>
>>>>
>>>>> Stupidity.
>>>>
>>>> Funny Tim, -tom
>>>
>>> "Cranky" would probably be more accurate. I've seen way too many
>>> people doing way too many stupid dangerous things while driving lately.
>> ----------
>> you too. it's the failure of public school system, parenting, or
>> learning how to drive with video games. it's getting down right scary
>> out there, I even drive less myself.
>
> If it was just young people, I'd agree. But it's people of all ages
> around here. Every day I see at least one person whip across four lanes
> to get to an exit, in heavy traffic nearly causing accidents.
---------------
You're right, we have quite a
combination in Arizona. We have illegal
immigrants, that have never driven
before, buy a used car with their first
paycheck, and can't wait to learn how to
drive at your expense. We have
snowbirds who are not familiar with the
roads, and tons of old people, some with
demensia. One old lady I saw driving,
had two wheels in the bike lane, and
drove that way the whole way that I
followed her. If there wasn't a bike
lane those two wheels would have been on
top of the curb. She seemed afraid of
the traffic going the other way, they
should hire her to drive a street
sweeper. A guy got hit last weekend,
that was on a 200K brevet, by a woman
coming out of a shopping center.
Separated shoulder, compressed disk and
a mangled bike. When I commute I often
have to ride through the carnage of yet
another car pileup at some intersection.
Everyone runs red lights here, because
if you don't, the guy in back of you
runs into you.
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Date: 07 Nov 2007 14:09:14
From: datakoll
Subject: Re: need an economic term......
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On Nov 7, 7:56 am, datakoll <datak...@yahoo.com > wrote:
> On Nov 7, 7:48 am, datakoll <datak...@yahoo.com> wrote:
>
> > TOPO?
>
> http://www.nytimes.com/2007/11/07/business/07oilwealth.html?ref=business --
"Throughout Europe, the rise of the euro has acted as a hedge against
fluctuations in the dollar-denominated oil market, while the heavy
taxation of fuel has made rising oil prices less jarring to motorists.
"For Europeans," said David Fyfe, a senior oil market analyst at the
International Energy Agency in Paris, "$100 oil is mostly symbolic."
$16 a barrel
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Date: 10 Nov 2007 04:53:38
From: Tom Sherman
Subject: Re: need an economic term......
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datakoll aka gene daniels wrote:
> On Nov 7, 7:56 am, datakoll <datak...@yahoo.com> wrote:
>> On Nov 7, 7:48 am, datakoll <datak...@yahoo.com> wrote:
>>
>>> TOPO?
>> http://www.nytimes.com/2007/11/07/business/07oilwealth.html?ref=business --
>
> "Throughout Europe, the rise of the euro has acted as a hedge against
> fluctuations in the dollar-denominated oil market, while the heavy
> taxation of fuel has made rising oil prices less jarring to motorists.
>
> "For Europeans," said David Fyfe, a senior oil market analyst at the
> International Energy Agency in Paris, "$100 oil is mostly symbolic."...
The Iranians plan to sell oil for Euros is one of the two real reasons
(the other being a hatred of Muslims) behind the neo-con's desire to
bomb the country.
--
Tom Sherman - Holstein-Friesland Bovinia
Tradition is the worst rational for action.
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Date: 07 Nov 2007 12:56:21
From: datakoll
Subject: Re: need an economic term......
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On Nov 7, 7:48 am, datakoll <datak...@yahoo.com > wrote:
> TOPO?
http://www.nytimes.com/2007/11/07/business/07oilwealth.html?ref=business
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Date: 07 Nov 2007 12:48:17
From: datakoll
Subject: Re: need an economic term......
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TOPO?
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Date: 07 Nov 2007 20:19:35
From: Dorfus Dippintush
Subject: Re: need an economic term......
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Crescentius Vespasianus wrote:
> I've noticed around here, as the price of gas goes up 15 cents a week,
> there is corresponding increase in the amount of driving that I'm
> seeing. It's not inelastic demand, because as the price goes up, demand
> increases. So what is the correct economic term?
I'd call it the Dogs Dinner. If you've ever fed a group of dogs you
would notice that they each gorge themselves to make sure they get what
they consider their share before it runs out.
Dorf
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Date: 07 Nov 2007 09:56:20
From: M-gineering
Subject: Re: need an economic term......
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Crescentius Vespasianus wrote:
> I've noticed around here, as the price of gas goes up 15 cents a week,
> there is corresponding increase in the amount of driving that I'm
> seeing. It's not inelastic demand, because as the price goes up, demand
> increases. So what is the correct economic term?
positive price elasticity of demand?
--
/Marten
info(apestaartje)m-gineering(punt)nl
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Date: 08 Nov 2007 01:58:31
From: Ryan Cousineau
Subject: Re: need an economic term......
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In article <fgrujs$i1b$1@localhost.localdomain >,
M-gineering <ikmotgeenspam@m-gineering.nl > wrote:
> Crescentius Vespasianus wrote:
> > I've noticed around here, as the price of gas goes up 15 cents a week,
> > there is corresponding increase in the amount of driving that I'm
> > seeing. It's not inelastic demand, because as the price goes up, demand
> > increases. So what is the correct economic term?
> positive price elasticity of demand?
Veblen Good! Didn't my first post show up?
--
Ryan Cousineau rcousine@sfu.ca http://www.wiredcola.com/
"My scenarios may give the impression I could be an excellent crook.
Not true - I am a talented lawyer." - Sandy in rec.bicycles.racing
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Date: 07 Nov 2007 09:12:16
From: bjw@mambo.ucolick.org
Subject: Re: need an economic term......
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On Nov 6, 10:14 pm, carlfo...@comcast.net wrote:
> On Tue, 06 Nov 2007 21:07:45 -0700, Crescentius Vespasianus
>
> <jazzyb...@hotmail.com> wrote:
> >I've noticed around here, as the price
> >of gas goes up 15 cents a week, there is
> >corresponding increase in the amount of
> >driving that I'm seeing. It's not
> >inelastic demand, because as the price
> >goes up, demand increases. So what is
> >the correct economic term?
>
> Dear CV,
>
> Depending on where "here" is, you might ponder the correct
> psychological term for your claim to notice a 15/300 (or ~5% increase)
> in traffic on a weekly basis.
>
> :-)
Yeah. But also, "here" is southern Arizona, and the
economic term is "snowbirds." There usually really
are significantly more people on the road now than there
were in August. I don't believe it's possible to measure
week to week fluctuations in traffic well though.
Ben
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Date: 07 Nov 2007 02:42:59
From: Ben C
Subject: Re: need an economic term......
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On 2007-11-07, Crescentius Vespasianus <jazzyboss@hotmail.com > wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?
Isn't that "cognitive dissonance"-- you make something more expensive,
or more unobtainable, and suddenly everyone wants it more.
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Date: 06 Nov 2007 22:33:12
From: Bill Sornson
Subject: Re: need an economic term......
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Crescentius Vespasianus wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?
Off-topic trolling.
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Date: 07 Nov 2007 16:44:56
From: John Henderson
Subject: Re: need an economic term......
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Crescentius Vespasianus wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?
May I propose "nihilism"?
John
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Date: 07 Nov 2007 12:40:06
From:
Subject: Re: need an economic term......
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John Henderson writes:
>> I've noticed around here, as the price of gas goes up 15 cents a
>> week, there is corresponding increase in the amount of driving that
>> I'm seeing. It's not inelastic demand, because as the price goes
>> up, demand increases. So what is the correct economic term?
> May I propose "nihilism"?
http://news.bbc.co.uk/2/hi/uk_news/england/london/7081809.stm
I wanna drive my car!
Jobst Brandt
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Date: 10 Nov 2007 04:50:46
From: Tom Sherman
Subject: Re: need an economic term......
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jobst.brandt@stanfordalumni.org aka Jobst Brandt wrote:
> John Henderson writes:
>
>>> I've noticed around here, as the price of gas goes up 15 cents a
>>> week, there is corresponding increase in the amount of driving that
>>> I'm seeing. It's not inelastic demand, because as the price goes
>>> up, demand increases. So what is the correct economic term?
>
>> May I propose "nihilism"?
>
> http://news.bbc.co.uk/2/hi/uk_news/england/london/7081809.stm
>
> I wanna drive my car!
Having figurehead royalty is sillier than wanting to drive an 8000 pound
SUV to carry a single person and minimal cargo on a regular basis.
--
Tom Sherman - Holstein-Friesland Bovinia
Tradition is the worst rational for action.
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Date: 07 Nov 2007 05:41:44
From: Ryan Cousineau
Subject: Re: need an economic term......
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In article <13j2g7jpihds5d5@corp.supernews.com >,
Crescentius Vespasianus <jazzyboss@hotmail.com > wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?
"Veblen Good," but if you're not seeing simple seasonal increases in car
usage, or merely making observations which do not reflect reality, I'll
be pretty surprised. Like, "there's a quasi-Nobel* in it for you if you
can prove it."
*standard dig at the The Sveriges Riksbank Prize in Economic Sciences in
Memory of Alfred Nobel. In reality, I think it's as legit as any other
Nobel, but still think the mathematicians were robbed.
--
Ryan Cousineau rcousine@sfu.ca http://www.wiredcola.com/
"My scenarios may give the impression I could be an excellent crook.
Not true - I am a talented lawyer." - Sandy in rec.bicycles.racing
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Date: 06 Nov 2007 22:14:00
From:
Subject: Re: need an economic term......
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On Tue, 06 Nov 2007 21:07:45 -0700, Crescentius Vespasianus
<jazzyboss@hotmail.com > wrote:
>I've noticed around here, as the price
>of gas goes up 15 cents a week, there is
>corresponding increase in the amount of
>driving that I'm seeing. It's not
>inelastic demand, because as the price
>goes up, demand increases. So what is
>the correct economic term?
Dear CV,
Depending on where "here" is, you might ponder the correct
psychological term for your claim to notice a 15/300 (or ~5% increase)
in traffic on a weekly basis.
:-)
Cheers,
Carl Fogel
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Date: 06 Nov 2007 20:49:30
From: buzz66
Subject: Re: need an economic term......
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Get on your bike :)
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