Professor Mark J. Perry's Blog for Economics and Finance
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Where the law allows this, in TX such stores are closed on christmas by state law. (Likewise on Sunday) Texas used to have a blue law that closed most businesses on Sunday, but during the 1980s bust one stayed open the sunday after thanksgiving, and in 2 weeks all were open. The legislature changed the law the next session.
God Bless America. Germany shuts down for days when the holidays come around.Happy Holidays Everyone.
I'm not sure that a term describing a monarch is the most accurate term for an amorphous group. The power isn't with the individual at large, but built up with the group of consumers.The closest fit would be to describe the market as an entity for which derives its power from lacking a specific form.
I lived in Texas during the 1960's and one Sunday I went to the local supermarket to buy some rubber gloves. I had to sign an afidavit of EMERGENCY to buy the gloves! They were illegal purshcases on the lord's day.I wrote a letter to the editor about this insanity and got alot of responses about it.
Sherry Goldberg? Sherry (Shankha) Chakraborty?Sherry "The Atheist" Johnson?Consumer sovereignty, low demand, high rent, greed, or some other plausible explanation?Do you know? Did you care to inquire?Didn't think so.
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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