May 27, 2009

Let Them Eat Cake (in two months)

A special tip of the hat to Henry Co. Econ Blog correspondent Becky Ryckeley for alerting all of us at the Georgia Council global headquarters about this great article dealing with cake futures. Seems like ol' Alex Blumberg was a bit ahead of his time.

I have said it before and I will say it again, you can teach just about all of your required econ concepts by using the school cafeteria as an example. The place is a goldmine. A goldmine that is often smelly, loud, and full of interesting people, but a goldmine nonetheless.