Market Orientation

http://www.marginalrevolution.com/marginalrevolution/2005/04/how_does_sponta.html

Marginal Revolution
Tyler has a good take on 'spontaneous order' , but fails to mention the Time constraint placed upon it; where it will fold into the 'Invisible Hand' of a decayed Information market.
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An AP article today suggested that Old-Economy industries were going to make a Comeback, having regained substantial Pricing power. This Author agrees with that assessment, but the Process will be far more than a quick shift of Investors into traditional industries. Real progress in older industries will come with reconstruction of Distribution and Service structures. Neither the Trade Deficit or the shaky Dollar will recover without recapture of the American Retail Market by American industry.

American industries possess the advantage of Position, current Exporters into the American Retail Market cannot maintain a efficient Service structure. Consumers currently "Buy and Toss" when the Product fails to function as it did 'straight from the Box'. Such tendency will not last as a weak Dollar and high Materials' Cost strain the Household Income. Imports fail the Test of Consumer Service. American industry will regain the American Market in exactly the same manner in which they built it. lgl