Word: highers
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...realize it's an odd time to lobby for higher prices. We're coming off the worst recession in a quarter century. One in ten Americans is out of work and plenty of people feel like they need low prices to be able to buy anything...
...that leads to my second argument for higher prices: if stuff costs more, we'll buy less of it (that's the demand curve in action). If we are forced to buy fewer things, then perhaps we'll start to break this mentality that the way to happiness is to own more...
...which is why in this year's mad present-buying rush, I'm not celebrating the notion that I get to pay less. I'd rather have the sorts of things that only come with a higher price...
...Online retailers were busy too. GSI's flock of web retailers averaged 520 orders in their peak minute of sales on Black Friday, up from 430 orders during the peak minute a year ago. "It was about 20% higher orders per minute than it was last year,' says Dias. However, she speculates it's possible orders will drop off on Saturday and Sunday if shoppers were only seeking time-limited door-crash specials...
...take education. The reality is that our concentration has been on higher education rather than on basic education. There has been no focus on the more basic area. And we did not talk to the managers, to the school principals - it was just left to the bureaucracy. That's why we had a meeting of school principals from across the country in Durban. And education is one of the most important things. If we do not pay attention to education, we will never move forward...