Ah, but there is only one Michael Jordan, and presumably his contract with
Nike is exclusive. Economics has always underestimated the importance of
advertising and marketing in defining preferences and stimulating demand.
One of the great 'triumphs' of American business over the last
deca
Ah, but there is only one Michael Jordan, and presumably his contract with
Nike is exclusive. Economics has always underestimated the importance of
advertising and marketing in defining preferences and stimulating demand.
One of the great 'triumphs' of American business over the last
deca
Maybe one reason that's allowing the increase in capitalist
mark-ups is the coincident waves of down-sizing, bankruptcies,
and mergers, which restrict supply. That's probably not enough, though.
in pen-l solidarity,
Jim Devine BITNET: jndf@lmuacadINTERNET: [EMAIL PROTECTED]
Econ. Dept., Lo
Maybe one reason that's allowing the increase in capitalist
mark-ups is the coincident waves of down-sizing, bankruptcies,
and mergers, which restrict supply. That's probably not enough, though.
in pen-l solidarity,
Jim Devine BITNET: jndf@lmuacadINTERNET: [EMAIL PROTECTED]
Econ. Dept., Lo
This is indeed an important question. You could say that it's done through
the mysticism of brand identity, which price-cutting would undermine. But
what about more commodified industrial goods like cars and appliances. Why
is the cost-cutting from production in Mexico not translating into lower
p
This is indeed an important question. You could say that it's done through
the mysticism of brand identity, which price-cutting would undermine. But
what about more commodified industrial goods like cars and appliances. Why
is the cost-cutting from production in Mexico not translating into lower
p
New Balance is your answer. I used to always buy them at half the cost
of Nikes. Great shoes, great price.
But then, I've never been accused of being hip to the proper attire.
**
*Nathan Newman: [EMAIL PROTECTED] *
New Balance is your answer. I used to always buy them at half the cost
of Nikes. Great shoes, great price.
But then, I've never been accused of being hip to the proper attire.
**
*Nathan Newman: [EMAIL PROTECTED] *
Michael Perelman's recent postings on Nike in the world economy have
been as fascinating as they are revolting. One question that is bound
to pop into the mind of anyone trained in economics in this country is
how sales prices are holding up in what seems to be a rather competitive
industry.
Michael Perelman's recent postings on Nike in the world economy have
been as fascinating as they are revolting. One question that is bound
to pop into the mind of anyone trained in economics in this country is
how sales prices are holding up in what seems to be a rather competitive
industry.
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