Daily Archives: September 10, 2007

#1 rule of economics: customers don’t want to feel like chumps

Posted on September 10, 2007 by Rakesh Agrawal

If you’re like me, you’ve read way too much about Apple’s $200 price drop on the iPhone. But there’s one more worth reading. Economist Steven Levitt (author of Freakonmics) asks “Should Apple Burn Its Economics Textbooks?” Apple’s $599 initial price … Continue reading →

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Chili’s directors don’t want their baby back ribs

Posted on September 10, 2007 by Rakesh Agrawal

It’s not unusual for corporate board members to get perks. Board members of Brinker International, which franchises Chili’s, Macaroni Grill, On the Border and Maggiano’s can eat for free at the company’s restaurants using a complimentary dining card. For some, … Continue reading →

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