
- Most of you know I would rather spend time talking with people rather than talk at people about markets.
- I correspond with a young friend, a university student from Greece, on a variety of market topics with a little philosophy added in along the way.
- I'm posting some of our latest conversation this Sunday morning on the idea, “If one person has the question, so do others”.
Some of you may know one of the many jobs on my lengthy resume is Instructor. Way back in the day, I spent a couple semesters teaching an Ag Marketing class at Barton County Community College (Great Bend, Kansas). There was a textbook I was supposed to follow (I still have it somewhere), though it is safe to say I tended to not teach from the book. I was more interested in the reality of markets and market behavior, what makes them work or not work (depending on one’s opinion), and the psychology of the different groups that make up the players in the game. Naturally, I talked about Game Theory, pointing out markets were a simple One-Person game of man vs. nature, with markets playing the role of nature.