Nominal rigidity (price stickiness) is pretty standard economics, though admitte... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		parasubvert on Nov 16, 2014 \| parent \| context \| favorite \| on: The world's biggest chocolate-maker says we're run... Nominal rigidity (price stickiness) is pretty standard economics, though admittedly Keynesian so I'm sure someone will disagree.

tptacek on Nov 16, 2014 [–]

That implies that chocolate houses are simply escaping a trap of artificially depressed prices; that is to say, they were taking losses before. Right?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact