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2024-07-09 15:48:33

Kevin Carson on Nostr: Weird how these people are able to recognize that demand inelasticity is a thing when ...

Weird how these people are able to recognize that demand inelasticity is a thing when they're justifying higher fast food prices on behalf of the industry, but immediately forget it when they claim higher wages would result in unemployment.
It's almost like they're a bunch of hacks who tailor their understanding of "economics" to suit their donors' interest.
https://fee.org/articles/why-are-fast-food-prices-so-high/
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