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Six months into tariffs, businesses have no idea how to price anything

(www.wsj.com)
462 points JumpCrisscross | 1 comments | 30 Aug 25 20:56 UTC | HN request time: 0.216s | source
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casey2 ◴[30 Aug 25 21:10 UTC] No.45078043[source]▶
This is how you know most economic theory is a total lie, if it wasn't they would just "price what people are willing to pay" and be forced to eat the loss. Is that cause copper bathtubs are a special item or are you just making up more rules after the fact to patch holes in your leaky theory.
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1. more_corn ◴[30 Aug 25 21:16 UTC] No.45078084[source]▶
Economic theory covers what happens when the cost of goods goes up for suppliers. Prices go up for consumers. But the costs haven’t stopped fluctuating.