Showing posts with label price war. Show all posts
Showing posts with label price war. Show all posts

Walter Block: 'Economic Warfare"

A consideration of price wars and corporate raiders. Pundits are accustomed to utilizing the language of war and strife to depict economic relationships. This is confusing, irrational and misleading. For the dismal science addresses mutual benefit, or positive-sum games. All participants gain whenever a trade, a purchase, sale, rental agreement, job, etc., gets    ... MORE