Dark Knights of Monopoly

“None shall pass.”    …   “I’ve had worse.”  Monty Python’s Black Knight The Black Knight’s utterances joust with each other, which makes for a very funny video. His stance–and lack thereof–conjure up images in my mind of the hearing aid industry and Audiologists.  Our Big 6 set formidable entry barriers, determined that none shall…

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IntriCon + HI HealthInnovation: How’s That Workin’ Out?

Are IntriCon (IIN:US) and Hi HealthInnovations still in love? The Brangelina of Audiology is rarely heard from nowadays, after almost two years together.  Hearing Economics’ interest was piqued last week when IntriCon quietly notified the SEC (US SEC Form 8-K Current Report, June 12 2013) of planned lay-offs and global strategic restructuring. The Backstory IntriCon jumped on our screen last year…

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Are Audiologists the Problem? As Usual, It Depends

“The secret of success is to get up early, work late and strike oil.” John D Rockefeller Recent posts at Hearing Economics have put forth the position that independent hearing healthcare providers — Audiologists and dispensers — are like wheat farmers, in the sense that they are toiling away in fields, under the hot sun,…

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Tilting Supply Curves and Playing Fields

 “We go out and we buy a lot of products made in China. That’s how we celebrate Labor Day.”   David Letterman, 2010 Last time at Econ 101, the Supply Curve was developed and described:  firms will Supply a certain Quantity (Qs) at a given Price.  As you’d expect, they are Willing to Supply more…

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Intricon part 3: What Does Intricon Make, Anyway?

This short series has described a tiny company that stayed small and became profitable by specializing in developing and making tiny things for a tiny group of giant customers.  It did this by becoming a “manufacturing OEM”{{1}}[[1]]Original Equipment Manufacturer, as defined in post 2 in this series.[[1]] to several industries, including hearing/audio industries. At this…

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