More on Costco and Audiologists: Apples to Apples?

Hearing Economics went out on a testimonial limb two weeks ago by describing one Audiologist’s positive interactions with a local Costco dispensing operation.  The Audiologist was me and I braced myself for an onslaught of insults and vituperation from colleagues.  Remarkably, that has not happened (yet) and I’ve canceled my reservation for the witness protection program.…

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Stayin’ Alive: Drink More Champagne, Avoid Icebergs, Check the Crystal Ball

Q:  What were the last words of the Nobel Laureate economist, John Maynard Keynes? A:  “I should have drunk more Champagne.” Right! The next best thing to Champagne is writing these posts and getting readers’ comments.  Here’s a great one from a 1st generation private practice owner and worried mother. Q: Do you think private…

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Irrational? You talkin’ to me?

The market can stay irrational far longer than you or I can remain solvent.  John Maynard Keynes By golly,  the hearing aid market may be a bit irrational right now. “Irrational” in Economic-Speak means that consumers are making choices which are not maximizing their self-interest, probably because said consumers lack sufficient information to make informed…

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