John's Corner of the World: Economics à la Bill Watterson's Calvin

Thursday, December 09, 2010

Economics à la Bill Watterson's Calvin

Lemonade at "15 bucks a glass?!" Susie explodes, dumbfounded at Calvin's audacity.

"That's right! Want some?"

"How do you justify charging 15 dollars?!" asks Susie.

"Supply and demand," says Calvin.

"Where's the demand?! I don't see any demand!" says Susie.

Oh, replies Calvin. "There's lots of demand!"

"Yeah?" challenges Susie.

"Sure!" says Calvin. And he proves his point.

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This is True®

by Randy Cassingham

And Justice for All
It was the “jury pool from hell,” says Memphis, Tenn., defense attorney Leslie Ballin. When the jury was asked if any of them had been convicted of any crimes, many hands went up. One admitted he was arrested after he “almost shot” his nephew because the boy wouldn’t come out from under his bed. Another volunteered, “I’m on morphine and I’m higher than a kite” — and walked out. A third said he was arrested for soliciting sex from an undercover police officer on prostitution decoy duty. “I should have known something was up,” the man said, since “she had all her teeth.” After finally seating a jury, Ballin’s client was found not guilty. (AP) ...Though most of the jury was locked up afterward.
Available in This is True: Book Collection Vol. 11

This Day in History

Egypt's Fuad I Transitions from Sultan to King (1922)

Fuad I was the first king of modern Egypt. Educated in Europe, he returned to Egypt in 1880 and founded the University of Cairo in 1906. He succeeded his brother as sultan in 1917, but in 1922, when British control of Egypt ended, Fuad took the title of king. The following year, a new constitution was established. Fuad later abolished it and frequently threw the country into turmoil by dismissing parliament. Under great pressure, he restored the constitution in 1935. Who succeeded him? More... Discuss

Today's Birthday

Andrew Jackson (1767)

The seventh US president, Jackson was a child of the frontier and lost his entire family in the American Revolution. He was just 14 at the time and was already a member of the local militia. After emerging from the War of 1812 a hero for his defense of New Orleans, he rode a wave of popularity to the presidency in 1828. He was seen as a champion of the common man, but he relentlessly displaced many Native Americans. His wife died weeks before his inauguration. Why did he have to marry her twice? More... Discuss

Article of the Day

The Vein of Love

According to tradition, the vena amoris, or "vein of love," runs directly from the heart to the fourth finger of the left hand. This belief has been cited in Western cultures as one reason why engagement and wedding rings are worn on that finger. The earliest known use of the phrase is found in A Treatise of Spousal or Matrimonial Contracts, published in 1686 by Henry Swinburne, who claims the concept derives from what ancient culture? More... Discuss

Quote of the Day

Next to trying and winning, the best thing is trying and failing.
Lucy Maud Montgomery
(1874-1942) Discuss

This Day in History, Today's Birthday, Article of the Day, and Quote of the Day, provided by The Free Library

John's Corner of the World

Thursday, December 09, 2010

Economics à la Bill Watterson's Calvin

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Egypt's Fuad I Transitions from Sultan to King (1922)

Andrew Jackson (1767)

The Vein of Love