EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre                                     A View from/of the Econochasm by John Palmer

Richard Posner deserves the next Nobel Prize in Economics
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Here Is a Coin I Like


Not that I am all that keen on subsidizing the Vancouvre 2010 Winter Olympics, but I enjoy curling enough that I bought an entire roll of these quarters last week (10 bucks! big spender, eh?)
Category: Canadian Affairs, Pennies, Sports Posted on Sunday, March 25, 2007 at 1:06am
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Gabriel M. (www):
Brought money at below face value? -- I'll call the Economist Cabal and have you DISBARRED!
3.25.2007 3:24am
Gabriel M. (www):
...at above face value...
3.25.2007 3:24am
EclectEcon (mail) (www):
An entire roll contains 40 quarters. The major cost is the opportunity cost of the interest I could earn on that $10, but I get more than that much dollar-equivalence in utility from having these quarters.

btw, Team Canada just won the Women's World Curling Championship for 2007. See this for more.
3.25.2007 3:50am
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