'Any Schmuck Can Consume'

Posted: 6 Jan 2001

See all articles by John Blundell

John Blundell

IEA, Institute of Economic Affairs, U.K.

Abstract

The notion of consumers' sovereignty is flawed. In a free market, the outcome is determined by the interaction of consumers and producers: one does not dominate the other. The balance of debate is skewed if it assumes that the consumer is always right.

Suggested Citation

Blundell, John, 'Any Schmuck Can Consume'. Available at SSRN: https://ssrn.com/abstract=241421

John Blundell (Contact Author)

IEA, Institute of Economic Affairs, U.K. ( email )

2 Lord North Street
London SW1P 3LB
United Kingdom
(0207) 799 8911 (Phone)

Do you have negative results from your research you’d like to share?

Paper statistics

Abstract Views
516
PlumX Metrics