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From: laura@utzoo.UUCP (Laura Creighton)
Newsgroups: net.politics.theory
Subject: Re: Economic Issues -- Reply to Sevener
Message-ID: <5352@utzoo.UUCP>
Date: Wed, 27-Mar-85 00:09:50 EST
Article-I.D.: utzoo.5352
Posted: Wed Mar 27 00:09:50 1985
Date-Received: Wed, 27-Mar-85 00:09:50 EST
References: <ratex.997>, <1483@dciem.UUCP>
Organization: U of Toronto Zoology
Lines: 9

As I recall, DKMcK mentioned frictional unemployment when he discussed
full employment. In addition, it has not been understood that information
is in some way freely available to all. Information is a valuable commodity.
Israel M. Kirzener has discussed this at length, especially in 
*Competition and Entrepreneurship*. To oversimplify, an entrepeneur is,
according to Kirzener, someone who uses information to make money. 

Laura Creighton
utzoo!laura