Stories >> Economics

John Tamny: Ikea Reminds Us Falling Prices, Not 'Pricing Power,’ Cheer Investors


When Ikea founder Ingvar Kamprad died in 2018, he could claim a net worth of $58.7 billion. Kamprad's enormous wealth is unsurprisingly a rejection of the way in which media types explain wealth creation. To see why this is true, just Google "pricing power" in concert with "stock-price increase." Your computer will explode. Which is

Click to Link




Posted: June 2, 2024 Sunday 10:00 AM