I am really glad that folks around here have picked up this bundling conversation. See, for example, Stephen Bainbridge’s observations, who argues that bundling is anticompetitive. I disagree, as long as the consumer has an opportunity to say “no” and use something else. And of course under the usual dynamics of R&D and competition, some …
Bundling As A Rationale For Regulation? I Should Think Not Read More »
In a comment on one of my gasoline posts below, Barry Posner made some great observations about refinery capacity that are so good that I’m going to pull them out and post them here. I have been abstracting from refinery capacity in recent discussions of gas price fluctuations, because it has been a constraint for …
My favorite movie of all time is being re-released! Monty Python’s Life of Brian will be re-released at the end of April. The producers say they are doing this as a “Passion of the Christ” antidote. I don’t care why they’re doing it just that they are! I’ve only ever seen it on the big …
An article from the Minneapolis Star-Tribune on how the inflation-adjusted price of gasoline is not at a record high. Note his last quote from a source: “The market is going to take care of this.” BTW, I agree with Kevin Brancato’s comment here last week, laying some of the responsibility for the economic illiteracy of …
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