[address-policy-wg] Paul Krugman on bad equilibriums

Michael and all,

  Not to bilittle Paul, but the rebut to the relevant quotation
you kindly provided is: starving people cannot demand anything.
I also fail to see how the quotation you again so kindly provided
is relevant to IPv6.  I can easily understand how it might be
relevant to IPv4.

  Further and again no offense to Paul or his accomplishments,
but I fail to see how his paper won any prize with the quotation
you so kindly provided.

  Supply is normally and predominantly driven by demand OR
desire.  The supply of food in any one area is largely driven by
distribution related considerations and at least as much as demand.
Food is a need, IPv6 is not.

michael.dillon at bt.com wrote:

> I've just been reading a paper by Paul Krugman who recently
> won the Economics Prize in memory of Alfred Nobel. The
> paper is entitled "Supply, Demand, and English Food" but
> I think it explains what has gone wrong with IPv6 some
> 10 years after it was developed.
>
> Here's a relevant quotation:
>
>    But the history of English food
>    suggests that even on so
>    basic a matter as eating, a
>    free-market economy can get trapped for
>    an extended period in a bad equilibrium
>    in which good things are not
>    demanded because they have never
>    been supplied, and are not supplied
>    because not enough people demand them.
>
> --Michael Dillon

Regards,

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