Saturday, January 29, 2011

Supply, Demand and Entropy

Six Flags over New Orleans.   Gotta wonder about the effects of the hurricane, and the effects of looting.  Supply and Demand at its finest?

http://www.youtube.com/watch?v=Bcja8UBtXdk&feature=player_embedded


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Share your unique economics experiences. What did you have to give up to gain that which at the moment seemed so necessary to you? Imperfect information spanked you and now diminishing marginal utility smacks you upside the head, eh?