I know Econ 101 is off-topic, but I can't let this one go. The analogy of kicking someone when they are down is so inapplicable as to be ludicrous. In any market, different people are willing to pay different prices for a good or service based on the value they, individually, place on that good or service. The price is set as X because the number of people willing to pay X or more is roughly equal to the available supply. If Lance is getting $135(or more, as Ed pointed out) in Louisiana while I'm getting $75 in central Missouri, that might be enough to convince me to move to Louisiana. The increased price both signals the excess demand and provides the incentive to fill it. Once a few techs move there, though, we might have to charge $125, or $100, or $95 to get enough business to stay busy. Only a finite number of people are willing to pay $135 or more - lower prices are necessary for more people to be willing to pay for your service. Ultimately, the price for a tuning in Mandeville, LA will not be significantly different from other, similar markets in the country. If Dave could get $1000 per tuning in Dallas, that would mean that there are people there willing to pay that much - he can't coerce anyone into having their piano tuned. The fact that a bunch of power hungry busybodies might decide to coercively interfere with that voluntary transaction doesn't make it right to do so. He sure wouldn't get it for long, though. We'd all be flocking to Dallas to make the big bucks. I don't know what I'm worth and I don't determine what I'm worth. My clients do, and they tell me every time they decide to pay for my service. "Arrogance, profiteering, and immorality" merely mean you're getting paid more than I think you ought to. "Thou shalt not overcharge" isn't in the Good Book, but "Thou shalt not covet" sure is. And since you brought it up, Dave, if you want to know some real facts about current oil prices, read this: http://www.mises.org/story/2128 Time for me to shut up and get back to work. Ken Z. On 4/27/06 10:03 AM, "Tim Geinert" <geinert at drtel.net> wrote: > At some level I know that some of what Ed says is right, but I don't believe > it is an absolute. Especially in this scenario(Katrina, people moving > around, etc), and in some others as well, to push the market to whatever it > can possibly bear pushes past the truth of knowing you are worth what you > are charging to outright arrogance and profiteering and immorality. It > can't ever be right to kick someone when they are down just because you can! > > Good luck, Lance! > > Tim G. -- Ken Zahringer, RPT Piano Technician MU School of Music 297 Fine Arts 882-1202 cell 489-7529
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