Microkhan by Brendan I. Koerner

Entries Tagged as 'economics'

Doughy Justice in Cameroon

July 10th, 2009 · Comments Off on Doughy Justice in Cameroon

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 […]

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The Trick to Extortion

July 8th, 2009 · 2 Comments

Granted, a 46-year-old exotic dancer in Moorehead, Minnesota, is unlikely to understand the delicate economics of successful extortion. But she still should’ve realized that her scheme to squeeze a North Dakota pastor would end badly if she kept pressing for hush money. Given that she hadn’t picked a wealthy target, Bunny Byington really should’ve kept […]

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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)

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