When you talk about math, most people think of arithmetic. But most math today isn't arithmetic. Not that it is always highly complex, but the real math, whether in science or economics, always has an extra twist, an extra layer, that you don't expect from arithmetic. I took a vacation day Monday. Betsy also ended … Continue reading Doing the math …
Tag: economics
No running water, Day 4: Shades of “Dune”
Okay, being without running water in the house has us doing a lot of interesting things we didn't think of otherwise. I mentioned the other day about washing the dishes with very little water. That was one thing. Another thing is getting enough water to fill the tank on the toilet to flush it. We … Continue reading No running water, Day 4: Shades of “Dune”
Price Point
Okay, today's column is on informal economics. At what price will we decide that a purchase is worth going for? Retailers are doing this all the time. It even gets discussed about the pricing of ebooks. At what price will you not buy the ebook but the hard copy or no book at all? What … Continue reading Price Point
At The Rainbow 