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Old 03-22-2006, 12:11 AM
bisonbison bisonbison is offline
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Join Date: Nov 2003
Location: battling obesity
Posts: 11,598
Default Re: AC: The Economics of Revolutions


Great business plan!


You're thinking very narrowly about this. Your imagination for what people do to each other in order to turn a buck is quaint.

You only need to corner the supply locally in order to profit from such cornering. In a lawless society, there is no barrier to making physical threats against rivals in order to reduce supply in the market.

And it doesn't help to drop prices if thieves of your goods can sell them well below your cost. A thief breaks into your room at a hotel while you're out and steals a necklace. How much does he have to sell that necklace for to turn a profit?
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