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Sure, and the market won't likely be kind to them. My point is that it's illogical to "think most [small businesses] should be out of business". By their conti
by tensor 14y ago
Sure, and the market won't likely be kind to them.
My point is that it's illogical to "think most [small businesses] should be out of business". By their continued existence and success we can see first hand that they deserve to be in business. There are even really high end and successful places that ban cell phones and still do well. Sometimes places do well because of quirks like these. Other times not. There are many variables.
The market behaves as it does, despite what anybody thinks it should do.
- theflubba 14y agoThank you, now I know there is at least one hacker news user who knows how markets work. Faith in humanity restored. Not really.
- lmm 14y ago>By their continued existence and success we can see first hand that they deserve to be in business. Or they're being given unbalanced treatment. The market is not perfectly rational; many people (whether customers, suppliers or employees) seem willing to give more to small businesses and expect less in return.