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Hedonist Bean-Counters

Julian Sanchez | 2.9.2004 5:57 AM


Sure, it's twice as expensive… but it's three times better, so you're saving money! No, it's not a feeble sales ploy, it's accounting fun with "hedonics" at the Bureau of Economic Analysis, and hedge fund manager Bill Fleckenstein explains. (Hat tip: Amy Phillips)

Julian Sanchez is a contributing editor at Reason.