3.31.2011

The 'Edible Arrangments Paradox'

A post wishing everyone an early April Fool's day would seem to be a particularly appropriate time to point our readers' attention to a new economic theory from our good friends at The Onion:

'Upending more than two centuries of free-market theory, leading economists across the globe announced Thursday that the fundamental principles of capitalism had been "irrefutably disproved" by the continued existence of the designer fruit-basket company Edible Arrangements.

According to experts, the Connecticut-based franchise, which arranges skewered pieces of fruit into displays vaguely resembling floral bouquets, has defied all modern economic models, expanding continuously for the past decade despite its complete lack of any discernible consumer appeal.'

The article's writer continues, 'Upon examining the so-called Edible Arrangements paradox, economists worldwide have abandoned many of the ideas that have dominated economic thought since the time of Adam Smith, arguing that the forces of supply and demand are powerless to explain the company's 45-piece line of officially licensed NASCAR-themed fruit bouquets.'

In other business news, one Onion writer called NewYorkTimes.com's recent idea to charge people money for consuming goods and services a 'bold business move.' Additional details can be found here.  

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