Econ 202: Selling a Practice as a Function of Interest Rates

Astute readers may have noticed Hearing Economics’ attempts to slip in Economics education on the sly. Today’s post fits right into the Economics 202 series, initiating a discussion of how interest rates affect the economy (a macro concept) and our very own practices (a micro concept).  Craig Castelli (bio below) describes the situation for practice…

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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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