Thursday, December 08, 2005

Competition

First we had mapquest, which was OK. Then there was google maps -- a nice improvement. Now -- Live Local. Wow (just wish you could drag it like google maps). Compare all three for maps of my neighborhood.
:
Capitalism never ceases to astound me. The way it spurs people to make products and services that others want -- not out of altruism, but their own self-interest -- is phenomenal. As Adam Smith said:
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.
True.

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