tag:blogger.com,1999:blog-1141932539860553199.post4165717004642059250..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: They probably aren't even aware they are doing it.Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1141932539860553199.post-65543374835609028622013-11-04T15:52:29.083+00:002013-11-04T15:52:29.083+00:00Kj, good video. Kj, good video. Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-19295781573958203842013-11-04T10:47:01.300+00:002013-11-04T10:47:01.300+00:00Hey, the phenomenon´s even got it´s own song: http...Hey, the phenomenon´s even got it´s own song: http://www.youtube.com/watch?v=2_tBxsXVlhs<br /><br />With a political message directed at house-prices to boot:<br /><i>I paid 600,000 to live in a box<br />So why not pay 600 to freeze of my cock.</i>Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-74787521120655763202013-11-04T10:34:07.097+00:002013-11-04T10:34:07.097+00:00Looking at it from that perspective, he´s not coll...Looking at it from that perspective, he´s not collecting rent at all actually, or very little, he is promising a set of qualities for the product that makes it more expensive in production. If he were to make it in Vietnam, he probably wouldn´t be able to. But his landlord is!Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-30358985603958567832013-11-04T10:10:27.358+00:002013-11-04T10:10:27.358+00:00Kj, I say fair play to them.
They know that ther...Kj, I say fair play to them. <br /><br />They know that there is a premium attached to "Made in Canada" so in that sense they are collecting a bit of rent, but he is still manufacturing in Canada (and thus paying higher wages and rent etc) so with him it cancels out.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-10669713168701248282013-11-04T09:14:26.204+00:002013-11-04T09:14:26.204+00:00MW: I think most products that get extra value fro...MW: I think most products that get extra value from the "produced in (some rich country)" factor, to a certain extent are status symbols. Nothing wrong with that.Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-6770590181562795042013-11-03T21:18:41.552+00:002013-11-03T21:18:41.552+00:00Kj, I'm sure they are a status symbol in e.g. ...Kj, I'm sure they are a status symbol in e.g. Norway, but fair enough, that wasn't his conscious decision.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-48401894757593755392013-11-03T20:53:53.139+00:002013-11-03T20:53:53.139+00:00MW: sh#t expensive coats though. They're one o...MW: sh#t expensive coats though. They're one of the primary markers of status among teens for the last few years. Fekkin 700 quid + for these. Also signals shop-lifting skills in some areas.Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-22208764019710131472013-11-03T20:36:54.583+00:002013-11-03T20:36:54.583+00:00TS, the guy from 1 was the only one studiously avo...TS, the guy from 1 was the only one studiously avoiding rent seeking - he still makes the stuff in Canada instead of having it done in Vietnam and sticking label on it. Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-30026403982508202472013-11-03T17:33:39.051+00:002013-11-03T17:33:39.051+00:001. Not sure I understand how that is rent seeking ...1. Not sure I understand how that is rent seeking if he's making coats.<br />2. Pretty much, but Sky have better coverage, and well, people can choose football if they like. I prefer to go to the occassional live match which is much more exciting.<br />3. Yup. HOTOL has always played on the "Britain will be left behind" nonsense. If Concorde didn't make sense, nor does a spaceplane.<br />4. Yup<br />5. Yup<br />6. Hotels are rent-seeking enterprises, but the article strikes me as interesting in terms of the cost of downtime (and why reputable shopfitters earn good money).<br /><br />Tim Almondhttps://www.blogger.com/profile/13369256383976094670noreply@blogger.com