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| #2703350 in eBooks | 2009-06-30 | 2009-06-30 | File type: PDF||13 of 15 people found the following review helpful.| Insightful|By Dendrite|This book makes a great companion to Chris Anderson's The Long Tail. Anderson talks about an emerging trend where some businesses do cater to minority interests. The Tyranny of the Market examines the much more common case facing us today, where businesses cater to the majority and leave others out. It's a useful examination of why they do this, and||This is a book for all the people out there who sit down and flip through hundreds of channels but never seem to find something they like. In it Joel Waldfogel, one of America's most interesting economists, shows exactly how many people in the marketplace end
Economists have long counseled reliance on markets rather than on government to decide a wide range of questions, in part because allocation through voting can give rise to a "tyranny of the majority." Markets, by contrast, are believed to make products available to suit any individual, regardless of what others want. But the argument is not generally correct. In markets, you can't always get what you want. This book explores why this is so and its consequences for consu...
You easily download any file type for your device.The Tyranny of the Market | Joel WALDFOGEL. I really enjoyed this book and have already told so many people about it!
