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	<title>Comments on: Greedy Special Pleading Is Always Ugly</title>
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	<description>where orders emerge</description>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-188061</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Fri, 30 Oct 2009 09:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-188061</guid>
		<description>Really?  I don&#039;t ever recall saying that regulation doesn&#039;t impose costs.

Now - I certainly may have said that those costs are worth it because of other goals that a specific piece of regulation may achieve, but I don&#039;t think I&#039;ve ever been on the other side of the question of whether it imposes costs.</description>
		<content:encoded><![CDATA[<p>Really?  I don&#8217;t ever recall saying that regulation doesn&#8217;t impose costs.</p>
<p>Now &#8211; I certainly may have said that those costs are worth it because of other goals that a specific piece of regulation may achieve, but I don&#8217;t think I&#8217;ve ever been on the other side of the question of whether it imposes costs.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-188062</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Fri, 30 Oct 2009 09:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-188062</guid>
		<description>Really?  I don&#039;t ever recall saying that regulation doesn&#039;t impose costs.

Now - I certainly may have said that those costs are worth it because of other goals that a specific piece of regulation may achieve, but I don&#039;t think I&#039;ve ever been on the other side of the question of whether it imposes costs.</description>
		<content:encoded><![CDATA[<p>Really?  I don&#8217;t ever recall saying that regulation doesn&#8217;t impose costs.</p>
<p>Now &#8211; I certainly may have said that those costs are worth it because of other goals that a specific piece of regulation may achieve, but I don&#8217;t think I&#8217;ve ever been on the other side of the question of whether it imposes costs.</p>
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		<title>By: Justin P</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-188022</link>
		<dc:creator>Justin P</dc:creator>
		<pubDate>Fri, 30 Oct 2009 02:12:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-188022</guid>
		<description>Just a switch, we are used to see you commenting from the other side that&#039;s all. </description>
		<content:encoded><![CDATA[<p>Just a switch, we are used to see you commenting from the other side that&#8217;s all.</p>
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		<title>By: Justin P</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-188023</link>
		<dc:creator>Justin P</dc:creator>
		<pubDate>Fri, 30 Oct 2009 02:12:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-188023</guid>
		<description>Just a switch, we are used to see you commenting from the other side that&#039;s all. </description>
		<content:encoded><![CDATA[<p>Just a switch, we are used to see you commenting from the other side that&#8217;s all.</p>
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		<title>By: Justin P</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-188019</link>
		<dc:creator>Justin P</dc:creator>
		<pubDate>Fri, 30 Oct 2009 02:11:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-188019</guid>
		<description>I shop at Wal Mart all the time, partially for the reasons Methinks does (pissing of my liberal friends), but more importantly for convenience. I love it when my anti-WalMart friends complain to me about me shopping there and I can say I&#039;m keeping my Carbon Footprint lower because I don&#039;t have to make multiple trips. Ha Ha, they know my feelings on the whole AGW debate so it kind of gets them in a bind. 

Anyway, I agree that characterization is off base. There are a multitude of different kinds of people that shop there, all because of low prices. Prices have an uncanny effect of canceling out partisanship, except in some extreme cases. But most of the people I know that fear Wal Mart are young and have no money anyway, so it&#039;s not like Wal Mart fears their wrath. </description>
		<content:encoded><![CDATA[<p>I shop at Wal Mart all the time, partially for the reasons Methinks does (pissing of my liberal friends), but more importantly for convenience. I love it when my anti-WalMart friends complain to me about me shopping there and I can say I&#8217;m keeping my Carbon Footprint lower because I don&#8217;t have to make multiple trips. Ha Ha, they know my feelings on the whole AGW debate so it kind of gets them in a bind. </p>
<p>Anyway, I agree that characterization is off base. There are a multitude of different kinds of people that shop there, all because of low prices. Prices have an uncanny effect of canceling out partisanship, except in some extreme cases. But most of the people I know that fear Wal Mart are young and have no money anyway, so it&#8217;s not like Wal Mart fears their wrath.</p>
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		<title>By: Methinks</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187850</link>
		<dc:creator>Methinks</dc:creator>
		<pubDate>Thu, 29 Oct 2009 15:30:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187850</guid>
		<description>Dan, I think it&#039;s a mistake to assume that all readers have a basic understanding.  YASAFI didn&#039;t when he came and he still doesn&#039;t.  Granted, he&#039;s an outlier.

However, the owners of the blog are university professors and the &quot;buzz&quot; might reach students and others who have zero background in economics.</description>
		<content:encoded><![CDATA[<p>Dan, I think it&#8217;s a mistake to assume that all readers have a basic understanding.  YASAFI didn&#8217;t when he came and he still doesn&#8217;t.  Granted, he&#8217;s an outlier.</p>
<p>However, the owners of the blog are university professors and the &#8220;buzz&#8221; might reach students and others who have zero background in economics.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187829</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 13:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187829</guid>
		<description>I never figured it was private.  I doubt any readers of Cafe Hayek come to these discussions without an understanding - if not complete agreement - of the argument.  And it&#039;s not a bad argument either.  After all I agreed with both of you in both cases :)</description>
		<content:encoded><![CDATA[<p>I never figured it was private.  I doubt any readers of Cafe Hayek come to these discussions without an understanding &#8211; if not complete agreement &#8211; of the argument.  And it&#8217;s not a bad argument either.  After all I agreed with both of you in both cases <img src='http://cafehayek.com/site/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: Methinks</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187826</link>
		<dc:creator>Methinks</dc:creator>
		<pubDate>Thu, 29 Oct 2009 13:17:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187826</guid>
		<description>Brotio is exactly right.  This is not a private conversation but a public comment section read by many people who never post a comment.  

BTW,  the high barriers to entry that prevent competition from returning must be new to work.  Otherwise, pricing below marginal cost is not necessary because high barriers to entry would keep out competition in the first place.



</description>
		<content:encoded><![CDATA[<p>Brotio is exactly right.  This is not a private conversation but a public comment section read by many people who never post a comment.  </p>
<p>BTW,  the high barriers to entry that prevent competition from returning must be new to work.  Otherwise, pricing below marginal cost is not necessary because high barriers to entry would keep out competition in the first place.</p>
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		<title>By: MWG</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187813</link>
		<dc:creator>MWG</dc:creator>
		<pubDate>Thu, 29 Oct 2009 04:40:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187813</guid>
		<description>I just posted that link to facebook.</description>
		<content:encoded><![CDATA[<p>I just posted that link to facebook.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187811</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 04:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187811</guid>
		<description>Please don&#039;t take this as piling on. An answer to you isn&#039;t directed at only you. There is at least one person at this Cafe who does &lt;i&gt;not&lt;/i&gt; understand the consequences of regulation.While few people are as stupid as Yasafi, some may be ignorant about this subject. Maybe Methinks&#039; or Sam&#039;s response will educate someone who is only ignorant.</description>
		<content:encoded><![CDATA[<p>Please don&#8217;t take this as piling on. An answer to you isn&#8217;t directed at only you. There is at least one person at this Cafe who does <i>not</i> understand the consequences of regulation.While few people are as stupid as Yasafi, some may be ignorant about this subject. Maybe Methinks&#8217; or Sam&#8217;s response will educate someone who is only ignorant.</p>
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		<title>By: Methinks</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187798</link>
		<dc:creator>Methinks</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:54:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187798</guid>
		<description>That&#039;s a good clip.  Thanks.

I&#039;ve always bought 99% of the family groceries at WF, so I haven&#039;t changed my behaviour.  I&#039;m just delighted that yet another one of my behaviours can irritate a self-described pinko-commie.  However, the tea party people aren&#039;t conservatives.  If you&#039;ve ever spoken to a group of them, they pretty well cut across political lines and a great many of them who are Republicans identify more closely with libertarians.  </description>
		<content:encoded><![CDATA[<p>That&#8217;s a good clip.  Thanks.</p>
<p>I&#8217;ve always bought 99% of the family groceries at WF, so I haven&#8217;t changed my behaviour.  I&#8217;m just delighted that yet another one of my behaviours can irritate a self-described pinko-commie.  However, the tea party people aren&#8217;t conservatives.  If you&#8217;ve ever spoken to a group of them, they pretty well cut across political lines and a great many of them who are Republicans identify more closely with libertarians.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187797</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:49:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187797</guid>
		<description>I hope you&#039;re not reading more rage into my posts than you should. Sometimes it&#039;s hard to get tone over the internet. Honestly, it just seemed like your response and Sam&#039;s response begged to be addressed too. We talk about regulation and the government every single day on this blog. It was kind of nice to read &quot;Economists do it with models&quot;&#039;s posts on strategic pricing behavior. That was a very refreshing, new discussion for this blog. It&#039;s not just a matter of entry barriers preventing competition, as you say. It&#039;s a matter of strategically pricing below marginal cost to push competitors out of the market with the knowledge that those losses will then be recouped behind high entry barriers. That sort of strategic decision making is not obvious to people who know that as a rule of thumb, low prices are good and markets are efficient.</description>
		<content:encoded><![CDATA[<p>I hope you&#8217;re not reading more rage into my posts than you should. Sometimes it&#8217;s hard to get tone over the internet. Honestly, it just seemed like your response and Sam&#8217;s response begged to be addressed too. We talk about regulation and the government every single day on this blog. It was kind of nice to read &#8220;Economists do it with models&#8221;&#8216;s posts on strategic pricing behavior. That was a very refreshing, new discussion for this blog. It&#8217;s not just a matter of entry barriers preventing competition, as you say. It&#8217;s a matter of strategically pricing below marginal cost to push competitors out of the market with the knowledge that those losses will then be recouped behind high entry barriers. That sort of strategic decision making is not obvious to people who know that as a rule of thumb, low prices are good and markets are efficient.</p>
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		<title>By: Methinks</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187796</link>
		<dc:creator>Methinks</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187796</guid>
		<description>Ummm....I think barriers to entry is very obvious.  But, if it makes you feel better: you made a deeply, painfully even, insightful point by trotting out that econ 101 answer to a test question.

Dan, I&#039;m kidding around with you, but the &quot;strategic pricing behaviour&quot; you describe seems at least as obvious.  Plus, you should really come off your high horse about the &quot;regulation&quot; response.  For a great many people, the fact that regulation is a barrier to entry is not at all obvious because regulation is sold as consumer protection.  For people with some education in economics and a smidge of critical thinking ability, it&#039;s obvious.  However, your response begged for a response which included regulation.  People often will take the completely manufactured regulatory barrier to entry at face value and not realize that such strategic pricing behaviour can most often pay off only courtesy of your friendly government.

I don&#039;t think your fit over Sam&#039;s post was justified.  </description>
		<content:encoded><![CDATA[<p>Ummm&#8230;.I think barriers to entry is very obvious.  But, if it makes you feel better: you made a deeply, painfully even, insightful point by trotting out that econ 101 answer to a test question.</p>
<p>Dan, I&#8217;m kidding around with you, but the &#8220;strategic pricing behaviour&#8221; you describe seems at least as obvious.  Plus, you should really come off your high horse about the &#8220;regulation&#8221; response.  For a great many people, the fact that regulation is a barrier to entry is not at all obvious because regulation is sold as consumer protection.  For people with some education in economics and a smidge of critical thinking ability, it&#8217;s obvious.  However, your response begged for a response which included regulation.  People often will take the completely manufactured regulatory barrier to entry at face value and not realize that such strategic pricing behaviour can most often pay off only courtesy of your friendly government.</p>
<p>I don&#8217;t think your fit over Sam&#8217;s post was justified.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187795</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:36:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187795</guid>
		<description>re: whole foods, did you see this the other night :)&lt;a href=&quot;http://www.thedailyshow.com/watch/tue-october-27-2009/whole-foods-boycott&quot; rel=&quot;nofollow&quot;&gt;http://www.thedailyshow.com/watch/tue-october-2...&lt;/A&gt;

I don&#039;t get why people get so worked up over it - either the boycott or the buycott.  Mackey had a great article, and three quarters of it was perfectly compatible with your generic liberal position on health reform.  People just like getting worked up about something - liberals like their boycott and conservatives like their buycott.</description>
		<content:encoded><![CDATA[<p>re: whole foods, did you see this the other night <img src='http://cafehayek.com/site/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> <a href="http://www.thedailyshow.com/watch/tue-october-27-2009/whole-foods-boycott" rel="nofollow">http://www.thedailyshow.com/watch/tue-october-2&#8230;</a></p>
<p>I don&#8217;t get why people get so worked up over it &#8211; either the boycott or the buycott.  Mackey had a great article, and three quarters of it was perfectly compatible with your generic liberal position on health reform.  People just like getting worked up about something &#8211; liberals like their boycott and conservatives like their buycott.</p>
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		<title>By: Methinks</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187793</link>
		<dc:creator>Methinks</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:33:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187793</guid>
		<description>Hey, in fairness, I&#039;m not the one out of touch.  Unfortunately, I don&#039;t have a Wal-Mart close by, but I would shop there if I did.  Shopping there has the added benefit of annoying my pinko-commie friends and acquaintances who hate Wal-Mart more than Satan.

Fortunately, Whole Foods now pisses them off and I can delight even more in my continued patronage.</description>
		<content:encoded><![CDATA[<p>Hey, in fairness, I&#8217;m not the one out of touch.  Unfortunately, I don&#8217;t have a Wal-Mart close by, but I would shop there if I did.  Shopping there has the added benefit of annoying my pinko-commie friends and acquaintances who hate Wal-Mart more than Satan.</p>
<p>Fortunately, Whole Foods now pisses them off and I can delight even more in my continued patronage.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187794</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:33:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187794</guid>
		<description>And a good point on the NYT bestseller list :)</description>
		<content:encoded><![CDATA[<p>And a good point on the NYT bestseller list <img src='http://cafehayek.com/site/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187792</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:22:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187792</guid>
		<description>You think strategic pricing behavior is more obvious and pedestrian than the understanding that regulations burden business?  Interesting.  I&#039;d have to disagree with you - I think understanding strategic pricing behavior is generally more difficult to pick up on, but different people find different things intuitive.</description>
		<content:encoded><![CDATA[<p>You think strategic pricing behavior is more obvious and pedestrian than the understanding that regulations burden business?  Interesting.  I&#8217;d have to disagree with you &#8211; I think understanding strategic pricing behavior is generally more difficult to pick up on, but different people find different things intuitive.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187791</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:22:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187791</guid>
		<description>You think strategic pricing behavior is more obvious and pedestrian than the understanding that regulations burden business?  Interesting.  I&#039;d have to disagree with you - I think understanding strategic pricing behavior is generally more difficult to pick up on, but different people find different things intuitive.</description>
		<content:encoded><![CDATA[<p>You think strategic pricing behavior is more obvious and pedestrian than the understanding that regulations burden business?  Interesting.  I&#8217;d have to disagree with you &#8211; I think understanding strategic pricing behavior is generally more difficult to pick up on, but different people find different things intuitive.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187789</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:19:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187789</guid>
		<description>As a Wal-Mart shopper myself, I can tell you your characterization of myself and my fellow shoppers is very out of touch.

Re: &quot;Look, Dan, I see what you&#039;re saying - tinged with elitism though it is - but, I&#039;m not worried about it.&quot;

I&#039;m glad you don&#039;t - as I said in my post, I don&#039;t either.</description>
		<content:encoded><![CDATA[<p>As a Wal-Mart shopper myself, I can tell you your characterization of myself and my fellow shoppers is very out of touch.</p>
<p>Re: &#8220;Look, Dan, I see what you&#8217;re saying &#8211; tinged with elitism though it is &#8211; but, I&#8217;m not worried about it.&#8221;</p>
<p>I&#8217;m glad you don&#8217;t &#8211; as I said in my post, I don&#8217;t either.</p>
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		<title>By: Anonymous</title>
		<link>http://cafehayek.com/2009/10/greedy-special-pleading-is-always-ugly.html/comment-page-1#comment-187790</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 29 Oct 2009 00:19:00 +0000</pubDate>
		<guid isPermaLink="false">http://cafehayek.com/?p=7038#comment-187790</guid>
		<description>As a Wal-Mart shopper myself, I can tell you your characterization of myself and my fellow shoppers is very out of touch.

Re: &quot;Look, Dan, I see what you&#039;re saying - tinged with elitism though it is - but, I&#039;m not worried about it.&quot;

I&#039;m glad you don&#039;t - as I said in my post, I don&#039;t either.</description>
		<content:encoded><![CDATA[<p>As a Wal-Mart shopper myself, I can tell you your characterization of myself and my fellow shoppers is very out of touch.</p>
<p>Re: &#8220;Look, Dan, I see what you&#8217;re saying &#8211; tinged with elitism though it is &#8211; but, I&#8217;m not worried about it.&#8221;</p>
<p>I&#8217;m glad you don&#8217;t &#8211; as I said in my post, I don&#8217;t either.</p>
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