Economics

"Tom Smith and His Incredible Bread Machine"

I hadn't seen this before it was kindly pointed out to me by long-time reader, William Sjostrom.  The whole thing is excellent but the following lines are especially worth keeping in mind if you are having difficult understanding the vigorous pro-antitrust case now being advanced by some elements of the Left:

The lawyer then went on,
These very simpIe guidelines
You can rely upon:
You're gouging on your prices if
You charge more than the rest.
But it's unfair competition
If you think you can charge less.

A second point that we would make
To help avoid confusion:
Don't try to charge the same amount:
That would be collusion!


"What's so great about the Hoosier state? It's not Illinois."

Another hard-hitting editorial from the Chicago Tribune.

Alas, it’s no longer surprising when an Illinois company leaves for Indiana. HMD is building a $6 million headquarters and depot in Gary, with plans to create 500 jobs by 2021. Alliance Steel of Bedford Park wants to build a $35 million plant in Gary. Hoist Liftruck and T&B Tube have jumped the state line. More will follow, taking jobs and investment with them. Why? Because Indiana is one of the best states in the nation for doing business, and Illinois is one of the worst.