Michael Giberson Scott Gustafson, at Arizona Economics, points to an article in the Arizona Republic on the market for donated used clothes. Apparently the competition is fierce, with donation boxes vandalized, bolted shut, or towed away to discourage rivals.
Michael Giberson Felix Salmon had an op-ed in New York Times on Hollywood’s opposition to the trading of future’s contracts based on box office receipts. Salmon said: In the 1950s, onion growers were often shocked at the low prices they were getting. Casting around for a villain to blame, they alighted on derivatives traders, and … More Onions and motion picture box office receipts
Lynne Kiesling If you like to cook and to eat well in Chicago, you can’t avoid chef Grant Achatz (nor should you want to!). His signature restaurant, Alinea, was recently named the best restaurant in the U.S. and one of the best restaurants in the world, and he is a creative, if controversial, innovator of … More Dynamic pricing for foodies … and for electricity?