EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Sunday, December 05, 2004

Anti-trust in 2 Easy Lessons

1. You must compete.
2. You must not win.

At least that's how too many people think of Walmart. See this interview with a former Walmart manager and ask yourself, "Now just how is it that consumers are being hurt here?" (pointer via hispanicpundit).

Speaking of Walmart, there's a spoof going around announcing Walmart's entry into the ballistic missile submarine market. Maybe Canada should have shopped at Walmart instead of buying those used subs from the UK!
 
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