hoosier_daddy

3 ms·

1. 1.▲
   by hoosier_daddy 2y ago

   much of recent production cost reductions are due to Chinese manufacturing which trade significant environmental damage for increased productivity.
2. 2.▲
   by hoosier_daddy 3y ago

   This is called friction. It is part of the Supply & Demand model. Governments and other factors add friction which impact the elasticity of supply and demand curve. Modern Capitalist societies are not pure, governments can drive frict
3. 3.▲
   by hoosier_daddy 3y ago

   This was a great podcast and well worth a listen. It answers most of the questions I see folks asking here.