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Episode 278: Consumers' Hidden Profit

Words & Numbers

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What Is Consumer Oversupply?

The civil rights industry is digging in and churning up these waters yet again. I think what we're seeing is a group of people who understands that as long as they can keep this front and center, they'll keep making a living. James Carville: Economists do themselves a great disservice by using technical terms like "surplus" He says the real term for consumer surplus is something that occurs in every single transaction.

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