In my Pathology book and my Steal this Idea book, I used the split between goods with IP and without IP protection. I think that you would see a similar phenomenon. Ag, steel, .... low => margins; Microsoft, drugs .... => high margins.
On Fri, Jan 17, 2003 at 11:51:56AM -0800, Eugene Coyle wrote: > The USA CPI released yesterday shows a deep split between the path taken > by goods and by services. > > Goods prices decline, service prices rise. > > Does this imply relatively falling living standards for the elderly? > They buy more services than goods, yet Social Security is tied to the CPI. > > What about who gets paid, and how much? Manufacturing jobs continue to > shrink as imports take over? Manufacturing pay falling? More self-paid > health care? > > Manufacturing companies starting to favor single-payer health care? > > And service jobs don't pay well, for most service workers. And if > ex-goods workers seek service jobs, won't pay fall? > > But then who buys goods? What does that mean for foreign producers? > > > World-wide deflation inevitable? > > The stock markets keep going down? > > > > Gene Coyle > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
