Excessive Profits – Consumer Rip-off?

If a company makes excessive profits, does it truly mean that the consumer is being ripped off? In the short run, it may definitely seem so, but in the long run, excessive profits can actually mean higher consumer welfare. How does this work? It’s this little thing called incentive. With a high profit margin, companies… Continue reading Excessive Profits – Consumer Rip-off?

Keyboardr

I am a big fan of search as you type, where search results are delivered on the fly as you type. This often means that you do not have to type out the full query string before you get the desired results, hence driving efficiency on the computer. As such, I am glad to stumble… Continue reading Keyboardr