Markets In Everything: Homemade Wood "Shovels"
Picture taken at a Home Depot in the DC area during the recent Snowpocalpyse when regular shovels were scarce, and these wood "shovels" were selling at the "low, low price of $4.01."CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Thursday, February 18, 2010
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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11 Comments:
We can be probably be assured that DC shoplifters were heeding that old adage: "don't take any wooden shovels"! Abide
I don't know if it's an artifact of the picture, but the left handle does not look square to the board. And the one on the right doesn't appear to be centered on the board.
But maybe that's why those are the two that are left.
and best, they can be used as protest signs in the spring!
Sure those aren’t Joe Biden teleprompters?
I see Detroit has found a new product they can produce.
Anonymous, most of this kind of junk is imported. About Detroit: have yourn driven a Ford lately? Damn good products that would sell well in any market if trade barriers could be removed.
I wonder if anyone has thought about bringing a lawsuit for price gouging? 4 bucks for a wooden shovel? Come on!!!
I can't wait to see the liability suits when someone gets a splinter from one of these.
Actually, you're right, I did get to drive a Ford Focus as a rental last year and was VERY impressed.
Guess I should have said GM rather than Detroit as a whole.
Curious whether or not those who bought these "shovels" for $4.01 actually went over a few aisles to see how much it would cost to buy some wood and nails and build it themselves? Oh wait, you have to factor in the value of their time to construct. Afterall, anyone who buys a wooden shovel also considers their time extremely costly!
The best comment I read about the "BIG" snow storm was that while the National News media as a whole referred to it as "Snowpocalpyse" etc., people in places like Detroit and Chicago simply called it "Tuesday"!
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