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	<title>Comments on: What a Surprise!</title>
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	<link>http://timworstall.com/2008/02/21/what-a-surprise-3/</link>
	<description>It is all obvious or trivial except...</description>
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		<title>By: Mark Koyama</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7772</link>
		<dc:creator>Mark Koyama</dc:creator>
		<pubDate>Fri, 22 Feb 2008 18:45:50 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7772</guid>
		<description>As I note here: http://oxonomics.typepad.com/oxonomics/2008/02/tesco-wants-to.html 
Tesco have hit upon a great way to get the government to enforce what would otherwise be known as a cartel.</description>
		<content:encoded><![CDATA[<p>As I note here: <a href="http://oxonomics.typepad.com/oxonomics/2008/02/tesco-wants-to.html" rel="nofollow">http://oxonomics.typepad.com/oxonomics/2008/02/tesco-wants-to.html</a><br />
Tesco have hit upon a great way to get the government to enforce what would otherwise be known as a cartel.</p>
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		<title>By: Banging My Head Against A Wall</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7734</link>
		<dc:creator>Banging My Head Against A Wall</dc:creator>
		<pubDate>Fri, 22 Feb 2008 11:09:47 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7734</guid>
		<description>&quot;“If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!”

Indeed. All of us would benefit, not just the consumer. I’d pay lower taxes for fewer police, there would be close to zero drug-related crime, and even the Afghans would be better off: Fair Trade prices for their crops and no need to use bin Laden and his henchmen as middlemen.&quot;

How paradoxical that the sharpest minds can churn out the thickest shit. I suggest you read Theodore Dalrymple  on the subject via this link:

http://www.city-journal.org/html/7_2_a1.html

Tim adds: Given the fine quality of minds on display here might I just point out that crack cocaine is not made from opium: it&#039;s name suggests as much does it not?</description>
		<content:encoded><![CDATA[<p>&#8220;“If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!”</p>
<p>Indeed. All of us would benefit, not just the consumer. I’d pay lower taxes for fewer police, there would be close to zero drug-related crime, and even the Afghans would be better off: Fair Trade prices for their crops and no need to use bin Laden and his henchmen as middlemen.&#8221;</p>
<p>How paradoxical that the sharpest minds can churn out the thickest shit. I suggest you read Theodore Dalrymple  on the subject via this link:</p>
<p><a href="http://www.city-journal.org/html/7_2_a1.html" rel="nofollow">http://www.city-journal.org/html/7_2_a1.html</a></p>
<p>Tim adds: Given the fine quality of minds on display here might I just point out that crack cocaine is not made from opium: it&#8217;s name suggests as much does it not?</p>
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		<title>By: john stuart millennium bridge</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7708</link>
		<dc:creator>john stuart millennium bridge</dc:creator>
		<pubDate>Thu, 21 Feb 2008 19:15:51 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7708</guid>
		<description>And in the long run we&#039;re all dead, after all...</description>
		<content:encoded><![CDATA[<p>And in the long run we&#8217;re all dead, after all&#8230;</p>
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		<title>By: Kay Tie</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7706</link>
		<dc:creator>Kay Tie</dc:creator>
		<pubDate>Thu, 21 Feb 2008 18:57:13 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7706</guid>
		<description>&quot;If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!&quot;

Indeed. All of us would benefit, not just the consumer. I&#039;d pay lower taxes for fewer police, there would be close to zero drug-related crime, and even the Afghans would be better off: Fair Trade prices for their crops and no need to use bin Laden and his henchmen as middlemen.</description>
		<content:encoded><![CDATA[<p>&#8220;If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!&#8221;</p>
<p>Indeed. All of us would benefit, not just the consumer. I&#8217;d pay lower taxes for fewer police, there would be close to zero drug-related crime, and even the Afghans would be better off: Fair Trade prices for their crops and no need to use bin Laden and his henchmen as middlemen.</p>
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		<title>By: john stuart millennium bridge</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7705</link>
		<dc:creator>john stuart millennium bridge</dc:creator>
		<pubDate>Thu, 21 Feb 2008 18:43:35 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7705</guid>
		<description>If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!</description>
		<content:encoded><![CDATA[<p>If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!</p>
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		<title>By: Pete in Dunbar</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7704</link>
		<dc:creator>Pete in Dunbar</dc:creator>
		<pubDate>Thu, 21 Feb 2008 18:29:40 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7704</guid>
		<description>Indeed, my first reaction was &#039;Business in favour of Government action to reduce competition and increase profit margins - never saw that one coming&#039;. And my only economics qualification is a B at A level in 1976.</description>
		<content:encoded><![CDATA[<p>Indeed, my first reaction was &#8216;Business in favour of Government action to reduce competition and increase profit margins &#8211; never saw that one coming&#8217;. And my only economics qualification is a B at A level in 1976.</p>
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		<title>By: pj</title>
		<link>http://timworstall.com/2008/02/21/what-a-surprise-3/comment-page-1/#comment-7695</link>
		<dc:creator>pj</dc:creator>
		<pubDate>Thu, 21 Feb 2008 14:16:30 +0000</pubDate>
		<guid isPermaLink="false">http://timworstall.com/2008/02/21/what-a-surprise-3/#comment-7695</guid>
		<description>&quot;Alcohol is used as a loss-leader.&quot; 
As far as I can tell from perusing reports you are the only commentator to spot that small but significant fact.
So next weeks headlines are:
&quot;Government &amp; Tesco&#039;s to unite in stamping out cheap baked beans in the fight to reduce flatulence  &amp; greenhouse gasses.&quot;

Raspberry of the week award?</description>
		<content:encoded><![CDATA[<p>&#8220;Alcohol is used as a loss-leader.&#8221;<br />
As far as I can tell from perusing reports you are the only commentator to spot that small but significant fact.<br />
So next weeks headlines are:<br />
&#8220;Government &amp; Tesco&#8217;s to unite in stamping out cheap baked beans in the fight to reduce flatulence  &amp; greenhouse gasses.&#8221;</p>
<p>Raspberry of the week award?</p>
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