Imagining a more just economy with Nick Romeo
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The Impact of True Pricing on Consumer Choices and the Market
The speakers explore the concept of true pricing and how it affects consumer choices and the market. They discuss how a chocolate bar's significant price increase opens up opportunities for other producers to create a comparable treat at a lower cost, leading to a virtuous cycle. The chapter also mentions an Amsterdam grocery store that implements true pricing to address the impacts of externalities.
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