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Bari Weiss doesn’t seem to know basic economics. Are all consumer goods perfectly competitive markets? No. Is demand for consumer goods highly inelastic? Yes. D
by usednet 4y ago
Bari Weiss doesn’t seem to know basic economics. Are all consumer goods perfectly competitive markets? No. Is demand for consumer goods highly inelastic? Yes. Does the author account for collusion? No.
One can’t just say that consumers should find cheaper alternatives. Reality is not so simple. But after reading far too much of Bari Weiss’ writing, it seems clear that all she ever offers is surface level takes.
- h2odragon 4y agoThis was written by a guest author.