Thursday, January 14, 2016

"Anatomy of an Oligopoly: the Beer Industry."

It's a commentary that sounds like I should have written it, and I'm slightly annoyed I didn't.

Anatomy of an Oligopoly: the Beer Industry
, by Jeff Nielson (Sprott Money)

Why has the standard of living across most of the Western world fallen by more than half over the past 40+ years? Why is Western unemployment at an all-time high, with more than 100 million permanently unemployed people who are not allowed to work? Why does most brand-name beer taste like swill?

Most readers will see no connection between these questions. Some will see a connection between the first and second, and very few will see a common link between all three. In fact, we can answer all of these questions (at least in part) the same way, and the answer is spelled O-L-I-G-O-P-O-L-Y.


No comments: