Why do tall people make more money? Why do dry cleaners charge less for men's shirts than for women's? Do companies really plan for obsolescence? Why is the population of the USA getting fat? Why do men spend less on health care than women? Join Ed and Ron for a fascinating look at these and other everyday economic questions in this new series: Economic Puzzles and Paradoxes. We will strive to follow the wisdom of the great economist Frederic Bastiat: "There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen."
The Soul of Enterprise: Business in the Transformation Economy by THRESHOLD