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Wednesday, July 19, 2006

It's all about supply and demand

You learn that in Economics 101 and the professors keep preaching it to you steadily every semester after that until you finally graduate with a diploma in one hand, a bill in the other, and a look of confusion on your face. It's all about supply and demand, you tell yourself as you go back home, scratching your head, still confused. You wished you would have paid more attention in college or, at the very least, not drank so many shots of Goldschlagger after giving blood plasma. Your first lesson comes quickly: how many good paying jobs are out there for people coming straight out of college? Approximately three. How many young adults graduated from college the same time as you? Approximately four million. Supply and demand, you tell yourself. Now you have two choices: either go to work making what you would have made had you not went to school or go back to school. Instead, you choose to stay and home and mooch off the parents for a couple more years as you wait for the demand to rise to the point that it will physically walk to the door, ring the doorbell, and present you with a good paying job.

Later in life, you will buy a car. It'll be a two door and sporty. Sure you might have to finance it for seven years but, "what the hay!," you say...everybody should have a new car. It's basic supply and demand.
Of course, you will then get married and have a kid or two and probably trade in your new car for another new car that makes a little bit more sense for a married person with a kid or two. You will complain about companies like Wal-Mart and McDonald's and Starbuck's ruining the face of America as you sip a Double Mocha Latte and the kids giggle in the back seat as they eat their Happy Meals; because they think it's funny when you yell about how you can never find a parking spot that is less than two hundred yards from the store. No matter your opinion or what you believe, life comes down to supply and demand.

But if you don't believe all of that, I give you instead a simpler proof of that ultimate truth. You may find it here. It's all about sensing a demand for something out there and then providing something to meet that demand. It's Economics 101.

By the way, I'm upgrading my Apocalypse alert status to Bluetick for the remainder of the week. I shouldn't have to give a reason as to why.

UPDATE (7-23-3006): The link no longer works (big surprise) but it was a guy selling a steaming bag of his dog's shit over Ebay. He had dog pic and poo pic and a single bidder. The price: a hefty $6.99. The packinging: not really said in much detail (which means it could have came in brown paper and still wet from the journey).