Supply & Demand

Link to slides

For interest:

• Minimum wages aren't always so bad, and have some good aspects.  

• Things the iPhone crushed.  (New York Times, September 12, 2017)

• We've been messing with taxis for a long, long time

• Did the higher minimum wage in Seattle cost jobs?  (Vox, June 27, 2017)

• When does a higher minimum wage start to cause problems?  Alan Krueger, The New York Times, October 9, 2015

• Minimum Wages around the world (Tim Taylor, May 29, 2013)

• Demand and supply for oil

• Demand curves slope down (soda)

• On the hunt for the elusive upward sloping demand curve

• Politicians say some truly stupid things.  "The free enterprise system is absolutely too important to be left to the voluntary action of the marketplace."  - Richard Kelly, Republican Congressman from Florida, 1979, shortly before he was nailed for taking bribes

For amusement:

• • Calvin & Hobbs on the market for lemonade

  • The power of the demand curve...for evil!  (Saturday Morning Breakfast Cereal) 

  • Supply & Demand in Hell (Saturday Morning Breakfast Cereal) 

  • The Economics Genie (Saturday Morning Breakfast Cereal)  

• Chris Rock on the Minimum Wage  (Just the first part)

• The Five Minute University

• Some examples of complements in consumption

• Prehistoric Soylent Green

• Soylent Green and Saturday Morning Breakfast Cereal