Cambodian Economics Explained? S.P.E.W.
- juansweetpotato
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Cambodian Economics Explained? S.P.E.W.
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?
"Can you spare some cutter for an old man?"
- juansweetpotato
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Re: Cambodian Economics Explained? S.P.E.W.
OK I guess no one likes SPEW, then how about PUKE? Does anyone know what it stands for?
"Can you spare some cutter for an old man?"
- juansweetpotato
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Re: Cambodian Economics Explained? S.P.E.W.
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.
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.
Cookin' MCs like a pound o'bacon
- StroppyChops
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Re: Cambodian Economics Explained? S.P.E.W.
Bodge: This ain't Kansas, and the neighbours ate Toto!
- juansweetpotato
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Re: Cambodian Economics Explained? S.P.E.W.
Sound a lot like Kampong Cham.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.
"Can you spare some cutter for an old man?"
- vladimir
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Re: Cambodian Economics Explained? S.P.E.W.
Sounds like a good system.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.
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