Posts Tagged ‘capitalism’

_Response to the [Consumerist][0] post on [As Airlines Become More Efficient, Cheap Seats Become Harder To Find][1]._ Businesses tend to stay in business by making money. An airline which is selling off a bunch of cheap seats is likely not making money. Selling cheap, last minutes fares that make a profit over the marginal cost […]

Tuesday, October 21st, 2008 at 12:37 | 0 comments
Categories: Uncategorized

_Response to the [Consumerist][0] post on [Bank of America CEO Explains How He Beat Wall Street][1]._ CEOs, just like star athletes, are not overpaid–they are paid what the market will bear. If they were not worth what they are being paid, then the company would not hire them. Each company tries to pay the best […]

Tuesday, October 21st, 2008 at 12:05 | 0 comments
Categories: Uncategorized