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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Smart advice for tough economic times: Haggle

Here's a good piece by my Post colleague and buddy (even though he's a Pitt fan) Mike Rosenwald that will appear in Sunday's Post Outlook section.

Mike takes up the time-honored tradition of haggling for a price at retail establishments -- once a natural part of doing business, but a process that was essentially killed by department stores.

Mike writes:

"My first attempt as a haggler saved me almost 15 bucks and placed me at the center of 'the biggest sea change of consumer behavior since the end of the Second World War,' as Nancy Koehn, a Harvard Business School retail historian, calls it."

You can read the entire piece by clicking here.

Follow me on Twitter at @theticker

By Frank Ahrens  |  January 29, 2010; 4:22 PM ET
Categories:  The Ticker  | Tags: Michael Rosenwald, Washington Post, haggling, recession  
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