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This article is clearly written by a journalist and not an economist. Retail prices of eggs going up is not proof that the egg suppliers are being exploitative
by floundy 1y ago
This article is clearly written by a journalist and not an economist.
Retail prices of eggs going up is not proof that the egg suppliers are being exploitative. The end retailers need to be investigated for their margin on eggs for it to be determined who in the supply chain, if anyone, is exploiting a narrative to make excess profits.
The other piece of "evidence", Cal-Maine's quarterly P/L, is also useless, for all we know they decided to invest in less capital equipment than previously in Q3 2025. It's actually very curious to choose P/L over gross revenue to "prove" the point the author is pushing. Unless of course the point of the article is not a genuine economic/corporate analysis and instead a narratively political topic du jour by some untrained journalist.
- Angostura 1y agoI was waiting for the pay-off in your comment - the actual informed analysis. Is there anything to say here other than a shrug of the shoulders?
- floundy 1y agoPeople can prove things to be wrong without having to substitute their own complete analysis. This is how misinformation on the internet spreads so virulently; people can just post false claims and misleading content far faster than those with the know how to counter it can do their own complete analysis.
- sofixa 1y ago"for all we know", "is not proof" are not "proving wrong". It's sowing doubt of an analysis without anything concrete and without providing an alternative.
- fundaThree 1y ago> The other piece of "evidence", Cal-Maine's quarterly P/L, is also useless, for all we know they decided to invest in less capital equipment than previously in Q3 2025 There's no serious moral or value distinction here; if you insist on pointing fingers you can, but at the end of the day the profits we see celebrated come with higher costs, and the continuing-to-increase wealth inequality in this country confirms that not everyone sees the benefit. > You know what the trouble is, Brucey? We used to make shit in this country, build shit. Now we just put our hand in the next guy's pocket.