Roxy, I hardly feel it is appropriate to state my proposal as being silly. So, in your vaulted opinion, where does the glass ceiling end. You mentioned an older review of the Model 40 in ETM listing the speakers 7K which jumped to approx. $13,000 to $14,000. Geez, how did that occur, did Harbeth workers get an unexpected and large per hour raise. Elevated and run away costs of new materials; engineering design changes priced out in terms of hours of research and development, and special personnel.....or was it just old fashion " what the market will bear" or to say it another way, we need to dramatically increase profit margins by say 50-60% instead of a reasonable increase of 25%-30%
I don't know what Mr. Harbeth and his Board of Directors were thinking and neither do you. All we know is that the buyer will be required to pay for the item if he/she wants it.
Begator, No we need not get into a debate; I never liked any of the political, social, and this case, economic theories that came out of the Chicago School However, you can go back to Jeremy Bentham's utilitarian theory of value which was one of the sources the Chicago School used. Even Karl Marx in his interesting if not classic essay "Alienated Labor" used a type of romanticized utilitarian theory to argue for the "value" a workman gives (and imbues) to the product he assembles by his labor and craftmanship
Sorry, I read these guy and more when studying for my Ph.d exams in History. Lastly, we are not considering the relative cost of combs, light bulbs, pliers or widgets, but electronically sophisticated products.
No one in his right mind wants to pay retail for audio products, because if that was generally true, many of us would not daily monitor the lists of used products on Audiogon. Cheers.