This week, we talk about the nightmare of incentives, design arms race, and price. Despite what economists tell you, you can’t assume a can opener. Or a spherical cow for that matter. And certainly not a can opener that can open a spherical cow. Pricing signals much more than just the price to the consumer, and supply/demand curves are more shapes than you think.
This week, we talk about the nightmare of incentives, design arms race, and price. Despite what economists tell you, you can’t assume a can opener. Or a spherical cow for that matter. And certainly not a can opener that can open a spherical cow. Pricing signals much more than just the price to the consumer, and supply/demand curves are more shapes than you think.
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