I don't get economics. I bought this issue when it was first published back in the mid-60s and paid the listed 12 cents. I probably bought a second comic and gave the clerk a quarter for both. In the 50 years since, the price of comics has increased 3,000 percent. Even with the books being really nice and glossy and more substantial how does that price difference make sense? They're not pharmaceuticals! Is it possible that there is no upper limit for the cost of things and at some point in the future we could be paying 40 bucks for a comic book, 15 dollars for a dozen eggs and 75 for a six of domestic beer?
Alternative monitoring of popular culture ~ broadly defined ~ in the pursuit of deeper understanding
Sunday, August 2, 2020
Hoodoo Economics
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