Cameroon’s Ministry of Trade does not mess around when it comes to enforcing the nation’s new price-control regime: Yesterday, officials of the Ministry of Trade uncovered a clandestine bakery at the Etoudi quarter in Yaounde which uses expired products to produce bread. One of the products that was seized and displayed at the site was […]
Entries Tagged as 'economics'
Why Are These Ballerinas Smoking?
June 11th, 2009 · 8 Comments
Because they have unsually high discount rates (PDF)—which is econo-speak for, “Don’t give a sufficient damn about their future wage prospects.” Of course, if they knew what was good for them, these ballerinas would be studying actuarial science instead of practicing their arabesque positions. (Image via George Simhoni)
Tags:ballet·cigarettes·dance·economics