Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Good editorial in this week's Barrons. "Good Advice From Two Dead Economists" Click on first Link. Might work. Might not.
Excerpt:
"Last week, United Airlines found that rejection of sound economics can carry a cost much greater than the cost of a seat. The company richly deserves the bad publicity. Nobody did a good job that Sunday evening in Chicago: The airline ignored the market-clearing price of a seat on that plane at that time by limiting its compensation offers and substituting the use of force. Chicago policemen did the airline’s dirty work with excessive force, injuring a passenger. United crew schedulers did not find another way (Delta? American? Greyhound? Uber?) to deadhead four employees to Kentucky without bumping paying passengers. The recalcitrant passenger did not obey a lawful order to leave the plane, though the order never should have been given."
