An economist’s assessment of Noland and the criteria used to assess a pyramid scheme, by Jovanovic and Bozzone
This is an excellent article prepared by Branko Jovanovic and Lia Bozzone, two economists at The Brattle Group. I’m sharing it in full, with permission. ————– While the direct selling world was awaiting U.S. District Judge Barbara Lynn’s decision in Federal Trade Commission v. Neora LLC, in which the FTC alleged that Neora operated an […]