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Joined 2 years ago
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Cake day: June 14th, 2023

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  • Yes I know Bezos owns Wapo. That’s why I don’t read it anymore.

    Do you think it’s his personal charity? I doubt it! Even if he doesn’t need the money he’ll see it as a matter of pride to make the paper profitable. Anything otherwise would be like a gardener letting all his plants die: embarrassing.

    Economics 101: if you charge a trillion dollars for a newspaper and nobody buys it, your profit is zero. If you give your paper away for free and everyone in the world accepts a free copy, your profit is also zero. Somewhere in between the two extremes is a price where profit is maximized. This is the equilibrium or market-clearing price since either raising or lowering the price from this point will reduce profits.

    Again, maybe you don’t understand, but $7 < $26 < $29. If you only need the paper for 1 day (or anywhere up to 1 week), it’s cheaper to pay $7 for the 1 week subscription than it is to pay $26 (50 cents per week) for the whole year. There is no option to pay 50 cents for one week and then cancel it.












  • We didn’t buy most games when I was a kid, we rented them. There were countless games we paid $5 to rent for a week and that was plenty of time to finish the whole game and return it.

    I only had one rich friend who had like a hundred games he owned. He let me borrow some of them but most of them I had already rented and finished myself. There were only a few games I ended up owning myself, such as Tecmo Super Bowl and the Legend of Zelda.

    Some games could also be bought used for a lot less than full price (at stores such as The Games Exchange). They also bought games back from you when you were done with them!

    If I could time travel to live back then as an adult I would rent everything and only buy a game if I foresaw wanting to play it long after a week was up.