Re: Expanded Oracle DBA Site

"Bob Badour" <bbadour_at_golden.net> wrote in message news:<j9Vpa.619$%W4.122716194_at_mantis.golden.net>...

>
> What property of "profit" makes it "excess" or "not excess"? How much profit
> is just profit? Who chooses? You? Who decides how much of your profits are
> excess?

Go read an economics textbook, where it explains that normal profit is that rate of return on an investment below which people decide to leave an industry. IP explicitly was created to raise unprofitable returns to profitable for those things that the market won't do on it's own. Excess profit is a much greater return than that (technically, "much" isn't required, but quantification is difficult at this level of exposition). The reducto ad absurdum is pyramid schemes. Or the '80s. Or the dot.bombs. Or the '20s...

jg

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