4 ms·
> The facilitators aren't fleecing them as much as just meeting their needs. That's a misleading statement, unless you replace "needs" with "wants".
by bo1024 9y ago
> The facilitators aren't fleecing them as much as just meeting their needs.
That's a misleading statement, unless you replace "needs" with "wants".
- kerbalspacepro 9y agoI feel like the difference between "needs" and "wants" is an elementary distinction we make on a day-to-day basis. But when we're talking about firms and economics, the distinction does not exist except as labels for the amount of elasticity in demand something has.
- bo1024 9y ago...but, when we're talking about individual human beings, who may be misinformed and shortsighted, the distinction is pretty important.