Word: pricing
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...demand cannot support two firms, in birthday cake sales, for example, the problem is more difficult. The best expedient would seem to be allowing all prospective cakemen to compete for the franchise each year, forcing the incumbent to show that he was providing quality and service at a fair price. If not, bureaucratic stagnation could easily set in, and overshadow the fine effects that the creation of Harvard Student Agencies, Inc., should have on the student employment field here...
...billions of dollars will be given out, free, to industrial greenhouse gas emitters, rather than auctioned off. The act also allows companies to meet part of their carbon caps using offsets, even as scientists increasingly question the effectiveness of such carbon trading. Both measures are likely to depress the price of carbon over the life of the bill. (The lower the real price of carbon, the less effective any cap-and-trade system will be in stimulating investment in low-carbon technology.) "I'm for the cap," says Peter Barnes, an entrepreneur and activist who supports a system that would...
...trade may place a financial burden on ordinary Americans - that may be the biggest sticking point for Warner-Lieberman or whatever comes after it. Conservative groups like the National Association of Manufacturers have released studies that claim the bill will ruin the American economy by raising the price of energy through the roof. But in reality, that scenario is unlikely - the balance of economic studies, including one by the Environmental Protection Agency, say the bill's economic cost will be manageable, and a raft of studies claim that the economic cost of doing nothing will be far higher...
...largest manufacturer. Exports are at an all-time high, both in dollar terms ($1.6 trillion in 2007) and as a percentage of GDP (11.8%). It's just that imports have grown much faster over the years. The U.S. has continued to run surpluses in some high-tech, high-price-tag categories--aircraft, specialized industrial machines--and in agricultural commodities. It's in consumer goods--clothing, TVs, cars--that the big deficits show...
...bloated federal bureaucracies to pursue tax scofflaws. Every person would pay 23% on every new car, suit, pair of shoes, radio or home. In return, individuals and companies would pay no income tax. With no disincentives to earning more, investment would boom. The stronger dollar would also deflate the price of oil, killing two birds with one stone. John P. Kuchta Jr., VIRGINIA BEACH...