EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Saturday, November 12, 2005

If You Have More than Two Remotes,
You're Hired

The Future Shop, a Canadian big-box electronics/computer/appliance store has business card-shaped ads on their check-out counters that say

If you have more than two remotes, you're hired.
Does that mean I qualify to be a senior manager? I have lost count, but I think we have as many as 25 remotes in our home. We have added at least two more to this list.

In consumer theory, we'd say that I am willing/eager to trade off some dollars worth of other stuff for having more remotes conveniently placed around the house.

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