LOONY TUNES no. 160

1

Dave Perozek posts (12 August) on NorthWest Akansas Democrat Gazette HERE

“Name, site announced for new private school in Bentonville”

From correspondence in response:

“Brad Balley:

“Yes, by all means, let's continue to reconfigure all aspects of our lives around corporate values instead of democratic values. After all, look at how well it's worked out. No doubt, Adam Smith's magical "invisible hand" will kick in any minute now.”

Another correspondent offers: Kandy McChristian: “Democratic?? And 

I suppose you are for Hillary too? The most evil woman on the face of 

the earth.” 

[Kandy clearly is a candidate for the beginner’s class at the new school]

2

“The Invisible Hands of Political Parties in Presidential Elections : Party Activists and Political Aggregation from 2004 to 2012” (Palgrave-Macmillan, 2013)  HERE

3

‘biotecnologist’ (Arena Pharmaeutics) at Investor Village posts HERE

“Let the invisible hand takes care of Belviq

Arena should simply let the invisible hand of the free market set the price (same as fat, sugar, starch combos), the a flourishing earnings and a very high share price. Arena should sell it a $25 per month, the huge increase in volume will more than compensate for the income to become several billion$ and send the shares soaring like Gilead. Too bad, it needs physicians to prescribe it, but now it could flow from Mexico, It is like lowering taxes as per P. Ryan, the more you lower taxes, the bigger grow of the economy the higher the goverment tax income. Lower the price of Belviq: NOW !”

Comment

What a lot of nonsense - its like the nursery rhyme of the lost sheep - “leave then alone and they’ll come home”. So people pay subscriptions to be told to ‘leave prices alone’ and they’ll make billions. All markets are run by VISIBLE prices and cannot operate without them. There is nothing invisible in prcing in markets.