Some economists believe that predatory pricing is a profitable business strategy. In 2009, the economist Paul Krugman, in his book The Great Stagnation, estimated that the world of finance is in a state of “stagnation”, which he referred to as “the financial equivalent of a plague.
Some economists believe that predatory pricing is a profitable business strategy. In 2009, the economist Paul Krugman, in his book The Great Stagnation, estimated that the world of finance is in a state of “stagnation”, which he referred to as “the financial equivalent of a plague.In the world of finance, Krugman’s notion of stagnation is a bit misleading. In fact, what Krugman was referring to is the fact that the world is becoming increasingly dominated by “over-the-counter” traders, which he said are “profiting from the lack of competition.” And the reason they’re “profiting” is because the financial system isn’t working as well as it should.
Some economists believe that predatory pricing is a profitable business strategy. In 2009, the economist Paul Krugman, in his book The Great Stagnation, estimated that the world of finance is in a state of “stagnation”, which he referred to as “the financial equivalent of a plague.In the world of finance, Krugman’s notion of stagnation is a bit misleading. In fact, what Krugman was referring to is the fact that the world is becoming increasingly dominated by “over-the-counter” traders, which he said are “profiting from the lack of competition.” And the reason they’re “profiting” is because the financial system isn’t working as well as it should.The problem with the financial sector of the economy is that it only works when the economy is growing. When the economy is stagnant, the financial sector is in a state of depression. So the financial sector of the economy isnt really in a state of stagnation, but rather the opposite. In fact, its the opposite of what should be happening.
Some economists believe that predatory pricing is a profitable business strategy. In 2009, the economist Paul Krugman, in his book The Great Stagnation, estimated that the world of finance is in a state of “stagnation”, which he referred to as “the financial equivalent of a plague.In the world of finance, Krugman’s notion of stagnation is a bit misleading. In fact, what Krugman was referring to is the fact that the world is becoming increasingly dominated by “over-the-counter” traders, which he said are “profiting from the lack of competition.” And the reason they’re “profiting” is because the financial system isn’t working as well as it should.The problem with the financial sector of the economy is that it only works when the economy is growing. When the economy is stagnant, the financial sector is in a state of depression. So the financial sector of the economy isnt really in a state of stagnation, but rather the opposite. In fact, its the opposite of what should be happening.The problem with predatory pricing is that the financial sector of the economy isnt working as well as it should. This theory was first brought into the public consciousness by the economist Milton Friedman. After the Great Depression, Friedman was awarded the Nobel Prize in economics. Friedman argued that the problem with the financial sector of the economy was that it only works when the economy is growing. When the economy is stagnant, the financial sector of the economy is in a state of depression.
