Archives for 4 June 2006
Irrational Gas and Cheap Pickups
Published on 4 Jun 2006 at 11:57 pm.
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Filed under The Cargo Cults of Business, Economics and the Economy.
A posting recently at Coyote Blog, asked whether people are rational about gasoline prices. I’d certainly say they’re not. My brother was recently looking at used cars and noticed a large number of late model full-sized pickups for sale at what he considered bargain prices. His remark was "Buying a new car to […]