Cambodian Economics Explained? S.P.E.W.

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juansweetpotato
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Cambodian Economics Explained? S.P.E.W.

Post by juansweetpotato »

Image

SPEW

Service - does the lack of competition affect the quality of service to consumers?
Prices - how high are prices compared to competitive / contestable market
Efficiency - productive, allocative and dynamic
Welfare - what are the overall welfare outcomes? Is there a net loss of welfare in markets dominated by businesses with monopoly power?
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juansweetpotato
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Re: Cambodian Economics Explained? S.P.E.W.

Post by juansweetpotato »

OK I guess no one likes SPEW, then how about PUKE? Does anyone know what it stands for?
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juansweetpotato
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Re: Cambodian Economics Explained? S.P.E.W.

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Kampong Spooner
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Re: Cambodian Economics Explained? S.P.E.W.

Post by Kampong Spooner »

Kampong Spue economics explained:

Women go to work in the factory. Men stay at home. Women give men pocket money from factory wages. Men pool together pocket money to buy cheap wine, get pissed all day.
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StroppyChops
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Re: Cambodian Economics Explained? S.P.E.W.

Post by StroppyChops »

Spew'n.
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juansweetpotato
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Re: Cambodian Economics Explained? S.P.E.W.

Post by juansweetpotato »

Kampong Spooner wrote:Kampong Spue economics explained:

Women go to work in the factory. Men stay at home. Women give men pocket money from factory wages. Men pool together pocket money to buy cheap wine, get pissed all day.
Sound a lot like Kampong Cham.
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vladimir
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Re: Cambodian Economics Explained? S.P.E.W.

Post by vladimir »

Kampong Spooner wrote:Kampong Spue economics explained:

Women go to work in the factory. Men stay at home. Women give men pocket money from factory wages. Men pool together pocket money to buy cheap wine, get pissed all day.
Sounds like a good system.
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