[Jewelry making - Article 00227] - Re: [Orchid] Starting a Production Line

[Noel]

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>     Working by yourself with just your two hands it is hard to earn
>     more than 30000 bucks a year unless you go to work for some one
>     then they can pay you more because they have more help with other
>     employees.

    I may be making a mistake by wading in here, but I have a lot of
    trouble seeing the logic here. If someone can pay you more, add
    their own cut on it and sell your work at a profit, then you should,
    it would seem, be able to add those same markups to your own work
    and make the extra dough yourself. Of course, whoever is selling
    your work gets their share, be it a gallery, store, or yourself if
    you do retail. If you're killing yourself to keep your accounts
    supplied, classic economic theory says it's time to raise prices. 

    That said, I'll add that I lost a lot of faith in economics when,
    some years ago, I heard a discussion on NPR for which they had
    gathered three of the nation's most respected economists to discuss
    the results of Reagan's "trickle-down" economic policy. Several
    years after the fact, when there was virtually unlimited data on the
    events and plenty of time to analyse it, they could still not agree
    on what had actually happened, and who had been helped or harmed.
    Not very reassuring as to their ability to understand economics, let
    alone predict the future. 

--Noel

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