@aweissman: New Telfar pricing system drops next week Stuff will start with the lowest prices, which will then rise over time “It’s the opposite of a sale” ![](https://pbs.twimg.com/media/Frvvp4aXwAAedT_.png... See more

Recent history shows the political danger in threatening low consumer prices. The public's reaction to the inflation of the past few years suggests that many Americans would rather be slightly poorer but have price stability than be richer but with more inflation. That will tempt policy makers to prioritize low prices above all else and embrace the

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But I am starting to notice changes in my own shopping behavior. It started with me wanting to check out local options before heading to Amazon to complete my purchase. It was a dickish thing to do to begin with, using other people’s shops as a gallery before buying things somewhere else. And now I find myself buying more and more either directly f... See more

This consumer-to-producer shift means tariffs have repercussions for a country’s gross domestic product, or the value of the goods and services produced by its businesses and workers. Because everything an economy produces is either consumed or saved, any policy that raises production relative to consumption automatically forces up the domestic sav

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“But,” we say, “our customers would prefer to pay the lower price.” Perhaps. But how do they value the sparkling clean shop, with plenty of well-paid and helpful staff, a new sign in the window, and a local baseball team with new jerseys with your logo on them? How do they value the handsome shopping bag that comes with every loaf, not to mention t

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