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Forum Post: Farmer's Markets,Part One

Posted 2 months ago on Aug. 24, 2014, 4:50 p.m. EST by trashyharry (2776) from Waterville, NY
This content is user submitted and not an official statement

One of our regular people is,by his own account,the owner of a truck farm who derives a substantial part of his income from selling his produce at a farmer's market.DK has informed me that the person has gone from a critical and inquiring poster to an active and very unpleasant troll.Nevertheless,I believe that something has gone wrong at the farmer's market,and the person is frightened by this,and it has affected his mood-as well it might.First-the question---What are the 6 essential things that markets-all markets- do,and please list these things in the order that these things are done.(hint to wick-you already know the answer to this question)^^^^^In the future,I will continue to post under Farmer's Market with other basic-type questions,along with a discussion about how people can improve their local farmer's markets by organizing the vendors for the purpose of creating a profitable,vibrant marketplace that constantly pulls in new customers,instead of a struggling,sad,semi-deserted area of people unable to sell their merchandise because they have no customers.I am hoping other people will post their critiques on the farmer's markets in their areas,and describe them,and discuss the basic economic questions as well.I am doing this in an effort to help a person who comes to this site because they evidently have a problem and they don't know what to do,or even how to talk about it.



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[-] 1 points by trashyharry (2776) from Waterville, NY 2 months ago

Since nobody else cares to bother with questions about basic economics,I will try my best to describe the 6 things that all markets must do,in the order in which they must do them.Other people here are far more qualified to do this.I don't know why they won't,because I know they studied Economics in college or B school.Since I took 2 college level courses in Economics-here goes:The 6 things markets must do,in order are:1) commodification 2)price determination 3) resource allocation 4) rationing 5) provide information 6) clearance of surplus and shortage,We must understand all of this in order to discuss market based economy,because if we don't we are not able to start the conversation on account of lack of familiarity with basic theory.All of the above is basic to a grasp of the workings of both micro and macroeconomics.This is the first thing I was taught in Econ 101.

[-] 1 points by MattHolck0 (1729) 2 months ago

Commodification is the transformation of goods and services, as well as ideas or other entities that normally may not be considered goods http://en.wikipedia.org/wiki/Commodification


[-] 1 points by trashyharry (2776) from Waterville, NY 2 months ago

TYVM MattHolck.I am doing my best here.Obviously econ is not my area of expertise.I have had some experience in business,and I have taken some college level courses in B Law and Tax Law.I should say now that I dropped out of art school,but among artists,this is no disgrace.Artists are concerned more by what the art looks like than by academic degrees.I followed that up by dropping out of a world class Philosophy program-an Everlasting Disgrace.

[-] 1 points by MattHolck0 (1729) 1 month ago

world class philosophy

all humans are of the same class ?

[-] 1 points by trashyharry (2776) from Waterville, NY 1 month ago

Oh,sorry-I meant to say that the program was part of "a major university" in NYC that is considered to be among the top ten institutions in the world.People there had to pull a fast one to even get me in because in spite of perfect grades across the boards,I lacked some of the required courses.I then thanked them for their extraordinary efforts on my behalf by dropping out of the program.I don't tell the names of the people involved or of the institution because it's ridiculous to try to brag on their reputations after having behaved in such a cowardly way.Leaving that school was what the locals around here call a Majestic Blunder.

[-] 1 points by MattHolck0 (1729) 1 month ago

IF they want you| they'll let you know

[-] 1 points by trashyharry (2776) from Waterville, NY 1 month ago

LOL-Roger,Willcall,MattHolck.I am a total outcast now because I refuse to conform.Absolutely,totally refuse.