Video Game Industry Stalls, Stocks Plunge. What’s Going On? | Wolf Street
— Read on wolfstreet.com/2019/03/13/video-game-industry-stalls-stocks-plunge-whats-going-on/
Perhaps a change in consumer preferences?
About two-thirds of cardholders rack up credit card debt to pay for both everyday and emergency expenses
— Read on www.cbsnews.com/news/credit-card-debt-more-than-half-of-american-credit-cardholders-will-take-at-least-one-year-to-pay-off-credit-card-debt/
A sad state of affairs
F. A. Hayek’s most famous contribution to economics is probably his “knowledge problem,” which refers to the observation that knowledge in society is diffuse and free exchange allows people to benefit from knowledge they don’t personally possess.
— Read on mises.org/wire/beauty-consumer-reviews
The consumer is king in any successful business. JohnBarleycorn
Capitalism has often been described by as “a system of competition” by its adversaries, or a system “based on competition.” Naturally, this assertion is usually coupled with a spirited oration on how this “tooth n’ nail” competition psychologically corrupts us – pitting man against man in a “race
— Read on mises.org/wire/freedom-choice-what-sets-capitalism-apart-—-not-competition
John Barleycorn 