Category: semantics

Cost-Based Pricing, Value-Based Pricing, and Price-Based Costing

Yeah, that’s a confusing jumble of a title, but these are important terms for anybody in business. Unfortunately they’re easily-misunderstood-and-conflated important business terms. Hopefully I can help with that.



Inflation, Deflation, and Guns

I grew up being taught that Inflation is bad and deflation is even worse. This was because the people I viewed as teachers just repeated the common “wisdom” of the time. If I could make those quotes more sarcastic, I would, because I’ve come to realize that what I was taught was only a half truth. And half truths are the worst kind of lies.