Andy Kessler, The High Cost of Raising Prices. What do ESPN, eBay and the post office have in common? Ask a Kangaroo in a bar. Wall Street Journal, July 31, 2017 (in the Opinion section).
https://www.wsj.com/articles/the ... g-prices-1501446630
http://luxlibertas.com/the-high-cost-of-raising-prices/
Note:
(a) "Yet the sports channel's subscribers have dropped from 100 million in 2011 to 89 million today. So ESPN raised prices, from $4.69 per sub[scriber] a month to $7.21 today"
(b) The last paragraph mentions a kangaroo in an old cartoon. Well I search the quotation and only this opinion piece shows up. And I fail to find an old cartoon with a kangaroo. Perhaps the writer makes it up. |