On Sun, Aug 7, 2005 at 8:05 pm -0400, Peter Saint James wrote:

>         It would also seem that if spamming really does pay, this  
>undermines one of the foundations of classical economics, which is  
>supposed to be based on the idea that buyers are rational people  
>pursuing goals favorable to themselves.

But classical economics also assumes that advertising costs. When you're
sending out literally millions of spam emails, the unit cost of each is
practically zero. Even a take-up rate of, say, 0.001% (and I have a
depressing feeling that the rate is higher than that) is a result.

TimH


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