TITLE

The Gnostic Fallacy

AUTHOR(S)
Bethell, Tom
PUB. DATE
July 1982
SOURCE
National Review;7/23/1982, Vol. 34 Issue 14, p885
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the need for an economic system to efficiently transmit information in the form of prices. The information is regarding what consumers really want. Prices effectively transmit this information in two directions, disclosing opportunities to producers and costs to consumers. The importance of prices for the markets can be seen in the socialist economy. Without information on prices and markets, producers in the Soviet Union were unable to find out what people want. These socialist economies are not consumer oriented.
ACCESSION #
6095395

 

Related Articles

  • Is the CRI Seal of Approval program beneficial for. Downey, John // Cleaning & Maintenance Management;Nov2007, Vol. 44 Issue 11, p14 

    The author comments on consumerism and deceptive advertising. According to the author, consumerism is manifest in deceptive advertising and sales tactics that manipulate the market for a product or service based on misleading information. He offers suggestions on dealing with deceptive...

  • Is It Legal? Kitchens, William H. // Refrigerated & Frozen Foods Retailer;Jun2007, Vol. 5 Issue 5, p8 

    The article addresses the issue of price differences in the sale of similar goods in the U.S. It states that the Robinson-Patman Act prohibits a price difference in the sale of goods of similar grade and quality, but that different prices may not always be illegal. It lists some factors that may...

  • OVERSTATING THE REAL (FULL) PRICE OF THE GOODS OR SERVICES ON THE DISCOUNT WEBSITES AS ONE OF THE POTENTIAL THREATS FOR THE CONSUMERS. Vítová, Blanka // International Multidisciplinary Scientific Conference on Social ;2014, p717 

    The article focuses on the analysis of consumer protection within the online discount vouchers, sales on so called discount websites. Their practices may be a dangerous and unknown territory to most consumers. Still, there is no complex legal regulation of this young and rapidly growing business...

  • Better than the Real Thing. Kinsman, Matt // Promo;May2003, Vol. 16 Issue 6, p28 

    Features the retail marketing program of PepsiCo Inc. Changes in price and product location; Introduction of the Fifth Dimension; Development of a virtual reality test with another company.

  • ASSESSING CONSUMER SENTIMENT TOWARD MARKETING IN A DEVELOPING COUNTRY: SOME EVIDENCE FROM CHINA. Nan-Ting Chou; Young, Murray A.; Sauer, Paul L. // AMA Winter Educators' Conference Proceedings;1995, Vol. 6, p323 

    Evaluates the attitudes of consumers in China. Response of consumers on marketing elements; Importance of product quality; Complaints on high prices and poor services.

  • Digital Marketing Comes of Age for CPG Brands. Bassett, Gib // Promotional Marketing;4/ 1/2014, p1 

    The article discusses the increasing popularity of digital marketing for consumer packaged goods (CPG), and states that websites and social media outposts of popular brands receive thousands of visitors every month.

  • BRAINSTORM. PANETTA, KASEY // ECN: Electronic Component News;Jan2015, p26 

    The article presents a question and answers related to consumer product such as smartphones for 2015 and its effect to the lives of many people.

  • neo-liberalism (20th century) Politics.  // Dictionary of Theories;2002, p369 

    A definition of the term "neo-liberalism" is presented. It says that the market is the most effective method of distributing goods and resources, and the role of the state should be limited to the maintenance of necessary order, legality, and stability.

  • Hedonic Consumption: Emerging Concepts, Methods and Propositions. Hirschman, Elizabeth C.; Holbrook, Morris B. // Journal of Marketing;Summer82, Vol. 46 Issue 3, p92 

    This paper defines hedonic consumption as those facets of consumer behavior that relate to the multisensory, fantasy and emotive aspects of product usage experience. After delineating these concepts, their theoretical antecedents are traced, followed by a discussion of differences between the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics