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Monday, July 24, 2006 # 11:46:00 PM
Permalinks to this entry: individual page or in monthly context . For more material from my journal, visit my home page or the archive .
One of the idealistic assumptions of introductory market economics is that citizens are well informed and thus can make reasonable decisions. Via Brian Chin , here's why that often isn't true, and how it leads to unsavoury things like exorbitant minibar prices in hotels, hidden mobile phone fees, and "resort charges."
Sorry, market economy. Sometimes you suck
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