alvin likes Jun 29, 2009 12:57PM When times are tight, people look for new, less expensive ways to do old things. Necessity breeds invention
Stepwise Jun 29, 2009 06:36AM : good article... Thank you for sharing the link... here's to inventions and inventors everywhere...
alvin says Jun 29, 2009 12:28PM biglove987: not that i necessary agree with everything friedman says, but i think you are missing his points, especially with your
alvin says Jun 29, 2009 12:28PM 'homeless people' argument. depression forces consumers to look for cheaper ways to do things, hence allow innovation that encourage such
alvin says Jun 29, 2009 12:29PM incentive. when everyone is well off, you can't make a lot of money by selling/inventing something that is 1 dollar cheaper. but when times
alvin says Jun 29, 2009 12:30PM are tight, every cents matter. And when there's no job security working for big corporation anymore, entrepreneurship takes off.
alvin says Jun 29, 2009 12:30PM perhaps your argument would be more substantive had you resort to less ad-hominem attack on friedman