Comments on: A Traveling Companion http://www.economicprincipals.com/issues/2011.12.25/1323.html A Web-based independent commentary on the production and distribution of economic ideas Fri, 17 May 2013 14:02:46 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Dale http://www.economicprincipals.com/issues/2011.12.25/1323.html/comment-page-1#comment-24625 Dale Sat, 31 Dec 2011 03:41:56 +0000 http://www.economicprincipals.com/?p=1323#comment-24625 Um, the point of a reciprocal gift-giving relationship is not the value of receiving the gift per se but establishing and maintaining a social relationship. (I’ve seen this referenced in “Yanamamo: The Fierce People” (of all places), but it seems to be a commonplace among anthropologists.) So you have to compare the deadweight loss of the purchase/consumption actions against the value of the social capital created.

]]> By: David Pitkin http://www.economicprincipals.com/issues/2011.12.25/1323.html/comment-page-1#comment-24019 David Pitkin Mon, 26 Dec 2011 03:18:57 +0000 http://www.economicprincipals.com/?p=1323#comment-24019 I think the data comes from the FAA/DOT/Government, and is not free, rather everyone pays a small amount in taxes for a large return in commercial return.

Happy Holidays!

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