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Article #2740

Re: Theories of underdevelopment

#2740
From: Ron Peterson
Date: Wed, 20 Oct 2004 04:35
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In sci.econ royls@telus.net wrote:
> On Tue, 19 Oct 2004 12:55:38 -0400, "robert j. kolker"
> <nowhere@nowhere.net> wrote:

>>royls@telus.net wrote:

>>Land is a commodity.

> No, it is not.  A commodity is a good whose units are
> indistinguishable for economic purposes.  Each land location is
> unique.

Not quite, commodities may be goods that are distinguishable. Land isn't
a commodity because it's not portable.

-- 
   Ron
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From: Ron Peterson <ron@shell.core.com>
Newsgroups: sci.econ,ny.general,dc.general,seattle.general,la.general
Subject: Re: Theories of underdevelopment
Date: Wed, 20 Oct 2004 04:35:05 -0000
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