Ikea Reminds Us Falling Prices, Not ‘Pricing Power,’ Cheer Investors

When Ikea founder Ingvar Kamprad died in 2018, he could claim a net worth of $58.7 billion. Kamprad’s enormous wealth is unsurprisingly a rejection of the way in which media types explain wealth creation.

To see why this is true, just Google Google 0.0% “pricing power” in concert with “stock-price increase.” Your computer will explode. Which is an exaggeration, but not too much.

To read about corporations is to read analyses correlating so-called “pricing power” with an increase in a company’s share price. It all makes sense, right? Investors prioritize profits, and if a company has “pricing power”…

Read the entire article at Forbes


  • John Tamny

    John Tamny is a popular speaker and author in the U.S. and around the world. His speech topics include "Government Barriers to Economic Growth," "Why Washington and Wall Street are Better Off Living Apart," and more.

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