Planned Obsolescence

The article discusses about planned obsolescence. Yes, there were cases of collusion that lead to artificial obsolescence such as the limiting of light bulbs. Also, printer cartridges seem to stop working before using up all the ink. But is there a sinister force that wants everything to break down so there is continuous consumption? I … Continue reading Planned Obsolescence

Retailers’ Price Discrimination

An interesting article discusses that retailers armed with data are becoming better at extracting consumer surplus through price discrimination. The author sounds alarm saying that retailers will suck every dollar out of the consumers! Hmmm...is it so? His dire situation would only be possible if the retailers colluded and became a oligopoly, which will probably … Continue reading Retailers’ Price Discrimination