Posts Tagged ‘free trade pacts’

  • shoes, status signals and property rights

    More Sole Rights

    Oct 16, 11 • 116 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Developing Economies, Labor, Regulation, Thinking EconomicallyNo Comments

    Should a musician be happy with file-sharing and piracy? Maybe. According to a recent study of counterfeits, certain businesses should welcome “fakes.” The study looked at counterfeit footwear from China. Sold in the U.S., the fakes affected the...