[lbo-talk] Meth and Monopoly

[tfast]

In all fairness to our standard economists I think we can safely assume 
that they would make an exception for addictive substances and behaviours.

Travis

Doug Henwood wrote:


> Yoshie Furuhashi wrote:
>
>> According to standard economics, once prices go up too much, then the 
>> demand goes down, bringing down the prices  eventually.  Is there an 
>> equilibrium price in the drug market?
>
>
> How do you specify a jones econometrically?
>
> Doug
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