Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.
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The "human condition" is always to push forward for the better and economics is the study of that process.
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Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Anybody can cut prices, but it takes brains to produce a better article.
Anybody can cut prices, but it takes brains to produce a better article.
All currency is neurotic currency.
All currency is neurotic currency.
