THEORY: Old Law Repealed

From Manhattan and London last week came two flagrant examples of contempt for the law of supply & demand, longtime Chapter I of economics textbooks:

>Members of the New York Stock Exchange, whose 1941 business to date is slimmest since 1915, proposed a 40-50% increase in the commissions they charge their customers.

>Piccadilly streetwalkers, hard put to find customers since war and blackouts began, upped their fees to as much as £2.


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