Sunday, December 11, 2011

Class Summary 12/9

Profits Losses & Entrepreneurs

Bill Gates we don't celebrate the accumulation of wealth we celebrate when we give all of the money away BUT... what is doing more good? Microsoft or charity? These are important aspects of life to think about. 
Do we care about the poor as much as we think we do? No, Mayor of Boston won't allow Wal-Mart, which would provide healthy food for the poor, and he also won't allow CVS Minute Clinics, which would provide healthcare for the poor. 
While health insurers, providers, and doctors DO make money off of our sickness we have to think about HOW they make money. (i.e. Healthcare makes money not by keeping us sick but by making us better, same with clothing, food grocers, even Hallmark).  
When you really want something we show it by how much we're willing to pay for it. 

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