new journalism and new world order
and the times they are a changing. let's make sure they do.
"a basic dictum of microeconomics is that competition drives the price of a good or service down to the marginal cost of the marginal producer. many seem to disbelieve this because they see profit from many producers, but this is generally always because they have some form of pricing power or cost advantage that the marginal producer does not. under assumptions of “perfect competition” as laid out in econ 101, such advantages do not exist. but, obviously, these “perfect” conditions rarely exist in full form. in essence there are 5 requirements:
- many sellers (no monopoly/oligopoly)
- many buyers (no monopsony)
- homogeneous goods
- perfect information (about production capability and market participants)
- free and costless entry and exit to markets
any market that even modestly approaches this will see a remorseless
https://boriquagato.substack.com/p/new-journalism-and-new-world-order...
I posted this here on May 7 and thought it was done "Went to public library to do my census and consistent with the luck I have got the long form. About 70 WOKE questions and questions that are none of their business IMHO as they don't care about real Canadians. I just filled out the number of residents as it is starred and then just kept hitting next until the end. Had a 15 minute timer and it took me 15 minutes. Could leave comments but by then out of time and patience. 🤮"
Imagine my surprise when a census worker showed up at my door yesterday because I hadn't done. She knew I had the long form and had it with her for us to complete and I told her when and where I filled out, even approximate time of day, and she asked for confirmation code so went to work trying to find. When you are rushed naturally can't find so said that I couldn't find. Found as soon as she got back to her car and showed her before she drove off. I can't hate this country enough as I know that because I only ...
