You are currently browsing the Armchair Economist weblog archives for the day February 23, 2008.
- General post (802)
- April 3, 2008: Armchair Economist gets a much-needed update
- April 3, 2008: Ghost of Herbert Hoover
- April 3, 2008: Are you smarter than a high-schooler?
- April 3, 2008: Katrina hero: Wal-Mart
- April 2, 2008: No Child Left Behind
- April 2, 2008: The poverty hype
- April 2, 2008: Oil profits
- April 2, 2008: Don's response
- April 2, 2008: Oil refinements
- April 1, 2008: My profile
Archive for February 23, 2008
Price targeting
February 23, 2008 by Tom Armstrong.
It’s price targeting, not monopoly pricing–A short and good read.
Here’s another article on the mortgage mess. I say let the market deal with these problems with losses and bankruptcy. Capitalism works best when it is allowed to hurt. When it is no longer allowed to hurt (or reward) it stops being free-market capitalism. I am often accused of being cold-hearted, but, as even the liberal Paul Samuelson has said, warm hearts alone cannot feed the hunger or heal the sick. Furthermore, those who moralize (i.e. call names) are those who lack understanding of the systematic processes of the marketplace.
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In-state matchup
February 23, 2008 by Tom Armstrong.
My #2 Tennessee Vols (where I got my degrees) take on the #1 Memphis Tigers tonight. Read preview. I’ll have to listen to my theme song to get myself prepared.
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Uncle Milty
February 23, 2008 by Tom Armstrong.
Check out some of these short Milton Friedman video clips.
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