As JB is in the meeting with Korean businessmen he notices a slight chance of risk his or the bank might suffer. When JB was getting ready for the meeting he tried to figure the negative parts these businessmen might result in. He eventually found that the "debt was buried under complicated scheme"æ."ÃÂ. Overall the Koreans were doing everything for their own convenience stead of doing it for their people. They were thinking as free market capitalism. From the investor point of view the relevant issues concerning with the economic success were that "common practice for firms to appear unowned"ÃÂ, and the other one was that it was also "common practice for a conglomerate to sell"ÃÂ. The Koreans might be right and wrong from their bottom line of supply and demand. If they do things like they are thinking of doing and things go their way of course supply and demand are the "pertinent consideration"ÃÂ.
English: supply demand 1
Supply and demand table2
Diagram: Supply and demandComparing it with Sen description, Sen would interpret this as a joke because he thinks that supply and demand are not the only keys for an economic success that there are other values for an economic success like cultural/social values are assumed for possible free market, motivators for production, public goods and externalities.
peak oil: supply vs. demand
English: An interpretation of the Samuelson condit...
Free Market #13