Archive for the Price Category

Concerns, Troubling (July 9, 2018)

Posted in Civil Rights/Civil Liberties, Debt/Deficits, Freedom / Liberty, Money, Price, Society, Supreme Court on July 9, 2018 by e-commentary.org

. . .

K          “Decreasing velocity of money.”

J          “Increasing inequality.”

K          “Inverting yield curves.”

J          “Perverting civil liberties.”

K          “Distending price-earnings ratios.”

J          “Exploding national deficit.”

K          “Imploding institutions.”

J          “Exploding personal debt.”

K          “Collapsing trust.”

J          “Decreasing freedoms.”

K          “Increasing prices.”

J          “Deflating credibility.”

K          “Disturbing climate patterns.”

J          “Destroying the [Supreme] Court.”

. . .

[See the e-commentary at “Amtrak – The (Rail) Road to National Security (January 23, 2006)”, “Humanity’s Motto:  To Enslave And To Colonize (January 27, 2014)”, “Twenty Sixteen (January 4, 2016)” and “Prepping:  Public and Private Perspectives (April 27, 2015)”.]

Bumper sticker of the week:

A system that cannot go on forever will not go on forever

Fraudulent Frequent Flying Fiascos.  Oh, And Happy Canada Day and Independence Day! (July 2, 2018)

Posted in Airlines, Aviation, Boycott Series, Less Government Regulation Series, Price, Transportation on July 2, 2018 by e-commentary.org

. . .

K          “In the past, an airline descending into bankruptcy protection did everything to pull out its frequent flyer program.  Now, many of the programs are a fraud and a ruse and . . . morally bankrupt.  United Airlines and Delta Airlines are among the worst offenders.  By contrast, Alaska Airlines still believes that a mile is a mile is a mile is a mile.”

J          “I suffered a stall and spin in March.  After an almost 6000 mile trip in a sardine can in the air, I was iron fistedly begrudged about 1500 ‘miles’ on the ground.  For each 21,120 feet I endured in the air, I ended up with a ‘mile’ in the program.  The new calculation of ‘ground speed’ today is perplexing and vexing.  Some byzantine formula discounts the actual mileage based on purchase price, whether you had a middle seat, whether you ate peanuts, whether the flight was delayed, sun spot activity and other irrelevant factors first foisted on impressionable ‘b’ school students to foist on the public.”

K          “At least the observant traveler who missed the form letter that starts “For your convenience . . . ” becomes aware of the fraud and the ruse each month and can shift loyalty accordingly.  If each consumer acts diligently, the market works adequately.  If consumers are involved, the government does not need to get involved.”

J          “Most of the statements are electronic and not likely reviewed by the consumer with any care.  We are tolerating far, far, far too many M.B.A.s flying around the country.”

. . .

[See the e-ssay at “An Airline (Partial) Survival Guide (January 24, 2005)” discussing the absurd and inefficient pricing scheme for tickets and “Going The Extra Mile:  Today’s Airline Mileage Programs (August 19, 2013)”.]

Bumper stickers of the week:

21,120 feet in the air = 1 mile on the ground

Fly the unfriendly skies

The first thing we do, let’s imprison the M.B.A.s

Are “Prices” A Language? Are Antitrust Laws Grounded In The First Amendment? How Do We Forestall The “Frightful Five” And Other Monopolies? Oh, And Happy Halloween! (October 30, 2017)

Posted in Amazon, Apple, Constitution, Economics, Facebook, First Amendment, Google, Internet, Language, Microsoft, Monopoly, Price, Radio, Technology on October 30, 2017 by e-commentary.org

. . .

K          “Prices for goods and services are a language spoken with numbers (7) not letters (L).”

J          “I love language.  French is the language of love and the language of diplomacy.  Accounting is the language of business.  So Prices are the language of a free market economy?”

K          “Yes.  Russian is one of the languages of literature.”

J          “So is French.”

K          “And English.”

. . .

K          “Monopolies distort Prices which distorts speech.  By distorting Prices, the public is making inaccurate and incomplete decisions and paying more for goods and services while the corporations are not internalizing externalities.”

J          “Price may just be the real Esperanto.”

. . .   

J          “The current monopolies are in part the consequence of acts of commission and even more often acts of omission by the government.”

K          “The problem with my analysis is that the First Amendment is a restriction on government activity not a requirement for government action.”

J          “So the Constitution is unavailing.  We are stuck with Congress, the executive agencies and the courts to protect us.”

K          “They do not speak our language.”

. . .

[See the interview by Terry Gross with the tech columnist Farhad Manjoo with “The New York Times” who cautions that the “Frightful Five” (Amazon, Google/Alphabet, Apple, Microsoft and Facebook) are more powerful than the governments on the “Fresh Air” radio program titled “How 5 Tech Giants Have Become More Like Governments Than Companies” on October 26, 2017.]

Bumper stickers of the week:

Spanish is the language a man uses to talk to his God;

French is the language a man uses to talk to his wife;

Italian is the language a man uses to talk to his mistress;

German is the language a man uses to talk to his mule.

And English is the language a man uses to fly a plane or to surf the web or to engage in international discourse.  You create it, you talk it.

And Price is the language a man and a woman use to value and exchange resources.