It's funny that many people now are trying so hard to get one - and lucky for those that have one and can sell that little thingy for 6 times the initial price on ebay.
And for those who haven't heard that's called capitalism - supply low, demand high = prices high and the ebay sellers get theirs sold!
The first reviews and comments on the PiZero were like: "unusable" "only one USB-Port". And then the complaints about the missing ethernet or wlan.
And some even judged that the Zero would not sell at all, becaus
This is more like fad economics (Furby) than anything else. They're buying time, not product: they want this particular thing, and they want it now, thus they're paying to have it now. This is slightly different from things like superbowl tickets (you won't get Superbowl 50 tickets next year; the supply is time- and space-limited) or Roman coins (you can get them any time, but there are only so many in existence).
I have a theory of scarcity which covers that human labor time produces all things, but t
Nobody wanted it! (Score:3)
It's funny that many people now are trying so hard to get one - and lucky for those that have one and can sell that little thingy for 6 times the initial price on ebay.
And for those who haven't heard that's called capitalism -
supply low, demand high = prices high and the ebay sellers get theirs sold!
The first reviews and comments on the PiZero were like: "unusable" "only one USB-Port". And then the complaints about the missing ethernet or wlan.
And some even judged that the Zero would not sell at all, becaus
Re: (Score:2)
That whole supply-and-demand economics thing is a gross oversimplification.
You are so right .. (Score:2)
but for this case it works, as for many other cases:
In this case it means: "Those who demand it are willing to pay a high price - and they pay."
Re: (Score:2)
This is more like fad economics (Furby) than anything else. They're buying time, not product: they want this particular thing, and they want it now, thus they're paying to have it now. This is slightly different from things like superbowl tickets (you won't get Superbowl 50 tickets next year; the supply is time- and space-limited) or Roman coins (you can get them any time, but there are only so many in existence).
I have a theory of scarcity which covers that human labor time produces all things, but t
Re: (Score:2)
Use common sense and watch how people behave on the small scale, don't theorize or repeat theories how people should behave.
And in this case we are dealing with the behaviour of people for a "for-fun-good"(a toy) and on this level certain oversimplified rules remain true.
Small scale peoples behaviour is very simple, this use case deals on this small scale.
Re:You are so right .. (Score:2)
Except the simplified explanation falls in line with the complex explanation. It's not disconnected magic.