Thursday, February 3, 2011

Price Paradox

A new segment where I document prices I do not understand. This one comes from my local superstore:

1/2 Gallon of milk, $1.65 (x2 = $3.30)
Gallon of milk, $3.98
Why would anyone buy the gallon?

Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that which the most ignorant individual can deliberately employ is comparatively insignificant. ~Fredrich Hayek in The Constitution of Liberty