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 (Wealth of Nations) and reinforcements made to his thoughts by John Nash. You might find things like the "Laws of equilibrium" emphasized in modern economic (micro and macro) theory mildly interesting.
Martin.
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