Monday, August 12, 2013
We're going to cut this umbilical cord with Marshallian scissors
Kate had her baby shower on Saturday. This was the only just-for-dad-and-daughter gift, from a good friend:
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One thing to keep in mind for the future; this is a market where as the number of demanders grow, strangely, the mono(duo)polist supplier does not get any extra market power. In fact, his/her bargaining position appears to deteriorate. And somehow it's still worth it.
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