From the Archives: Supply & Demand is Everywhere

NPR has a great story about monkey economics and how special skills in short supply translate into higher monkey income.  I first saw this on Greg Mankiw’s blog.  Even monkeys bow down to supply and demand!

—-this article was originally published 11/12/2009.  Human economics and monkey economics are exactly the same–scarcity creates value.  The story is quite funny too.

Leave a Reply

Your email address will not be published. Required fields are marked *