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Luxury Goods and Pricing Power

Luxury Goods and Pricing Power

By Nathan L. Phipps February 19, 2021

The story of the coronavirus recession and recovery is a story of unequal outcomes. Not all people are being impacted equally, and their businesses are not being impacted equally either. Some are flourishing, and some have been devastated. And even within the same industry, there is an array of possible results. There are some factors in our economy that business owners cannot control, like the existence of COVID-19. But some things can…

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In This Issue

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Power Risks California Power Problems Caused by Dumb Regulation, Not Deregulation

By Tim J. Smith, PhD February 5, 2001

Recent news concerning power outages have been of dour amusement for this Chicagoan. Once again, a subset of people (read: the state)…

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The Next Disruptive Technology – Distributed Generation

By Tim J. Smith, PhD September 25, 2000

Is Enron coming for lunch? Introduction The past three decades have offered ample evidence of the ability of disruptive technologies to create…

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Industrial Non-Equilibrium Dynamics

By Tim J. Smith, PhD May 30, 2000

Economic transactions and industrial reorganizations are akin to the evolution of a complex system punctuated with periods of equilibrium and non-equilibrium dynamics.…

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