Wednesday, September 10, 2008

What do we pay them for?

It turns out that average households are just as good as economists when it comes to predicting inflation. It stands to reason, I guess. After all, wouldn't the people who have to make purchasing decisions every day be just as well-equipped as economists who deal mostly in abstract theories?

So now corporate moguls can just ask their next door neighbors if they should start reading up on how to fire someone.

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The header image is adapted from a photo taken by Bill McChesney and used under a creative commons license.
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