Hi, On Tue, May 7, 2013 at 10:40 AM, Tony Likhanga <tlikhanga@gmail.com> wrote:
*2013/5/7 Thomas Kibui <thomas.kibui@gmail.com> *
*as jammaz were busy arguing about the morality of the whole issue .. some entrepreneurial Kenyans were busy bargaining for the space .. " Hiti itaga iria ingi ya mutiri "*
And we all lived happily thereafter...
The entrepreneurial chap get's to sleep happy having made the most of a passing chance. The debaters get to sleep soundly having evaded another conscience stirring controversy.
@Kibui and @Likhanga,
Nobody really had the intentions of deterring others from picking up the chance and make an "honest dollar" in a tuck shop. We were simply making an independent observation on how self-interests (*read:* greed) motivates different sets of actions when human are involved in economic activity. Also just because we let that "great opportunity" pass up does not mean we *are not* exposed to more lucrative ones out here, does it?
In the end, we all got to pick our poison [?][?]
It would actually help if you took the time to study the works by Adam Smith <http://en.wikipedia.org/wiki/Adam_Smith> (Wealth of Nations) and reinforcements made to his thoughts by John Nash<http://en.wikipedia.org/wiki/John_Forbes_Nash,_Jr.>. You might find things like the "Laws of equilibrium" emphasized in modern economic (micro and macro) theory mildly interesting.
Martin.
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