Price Tags Are Merely Suggestions: Haggling’s Back
Washington Post article.HT: Paul Kedrosky
Washington Post article.HT: Paul Kedrosky
Prof. Jack Miller writes about his experience teaching remedial writing at Normandale Community College (Bloomington, MN): “Whatever their backgrounds, their writing problems fit into relatively few categories. Not surprisingly, they have little understanding of grammar and see it as a … read more
“Driven by improving sales and traffic levels, the National Restaurant Association’s comprehensive index of restaurant activity rose sharply in December. The Association’s Restaurant Performance Index (RPI) a monthly composite index that tracks the health of and outlook for the U.S. … read more
Durable Goods (percent change from year ago). Real GDP growth (percent change from year ago). Here’s one more from Scott Grannis (Chicago PMI).
In a pair of recent posts (here and here), Matt Yglesias embraces one of the most pernicious and destructive fallacies of economic thought: the proposition that prices “should” equal marginal cost. As my colleague Solveig Singleton explained in “Is Cheaper … read more
In a widely discussed moment during Wednesday’s State of the Union address, Supreme Court Justice Samuel Alito visibly objected to President Obama’s remarks about the Supreme Court’s recent Citizens United ruling. If you missed the video, an incredulous Justice Alito … read more