Everyday Economics and a Tablet, a Commencement, and a Stadium

Slightly different from our usual post, today I have three shorter stories that grabbed my attention. I guess we can call them my mini-posts. Let’s take a look. 1. The reasons we stay home from work appear not to have…

The Significance of a Cat Census

While the mission of the DC Cat Count is humane treatment of cats, it is also a cat census that provides a basic economic lesson.

How To Divide the Rent, a Cake and a Country

Assume for a moment that you have just rented a 4th floor walk-up apartment for $3000 with 2 friends. One bedroom is mid-sized and near a fire escape, the second is rather large and has a view of a magnificent…

Should Detroit Sell Its Art?

During 2009, a still life painted by Henri Matisse was sold at a Christie’s auction for $46 million. The Detroit Institute of Arts owns Poppies, also a Matisse oil on canvas but a bit larger. A municipal bankruptcy like Detroit’s creates…