Tuesday, March 20, 2012
Rogue economist follows up with a post on floor price as price anchor
Rogue gives an example to show that "just because you put a floor on a price for something does not tell you anything about how high its price will go. Not when you only have a finite supply of that thing."
Read it at Rogue Economist Rants
Mr Default Buyer and cow inflation
by Rogue Economist