It Could Happen Here Weekly 160

6592.423 - 6613.228 Mia Wong

It flows from the basic observation that prices are set by guys in offices, not by something, you know, abstract as like market forces and supply and demand. In economic terms, what this argument amounts to is the argument that corporations are price makers and not price takers, right? There's a bunch of guys, they sit in offices and they develop a strategy about what prices are going to be.