The Joy of Economics:  Making Sense out of Life

Robert J. Stonebraker, Winthrop University

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Contents
Section I-A: Scarcity and Choice
Section I-B: How do we Choose
Section I-C: Efficiency and Competition
Section II-A: Love and Marriage
Section II-B: Sickness and Death
Section II-C: Crime
Section II-D: Higher Education
Section II-E: Religion
Section II-F: Shopping
Section II-G: Happiness
Section III-A: GDP
Section III-B: Unemployment and Inflation
Section III-C: Deficits and Debt
 

     Section II-F: Shopping

 

 

          Those who say money can't buy happiness don't know where to shop.
                                                                                                 .....Anonymous

 

          Shop 'til you drop.  We have all heard it.  We have all done it.  Shopping is one of America's true passions.  Mall to mall.  Store to store.  Up and down the aisles.  But does it truly quench our acquisitive ardor? 

          In reality, the results are often disappointing.  How often do we return with that perfect item at that perfect price?   When shopping for others, we often end up buying unappreciated gifts.  Even when shopping for ourselves, we often cannot find the right product or belatedly discover we have overpaid.  If practice makes perfect, we should be efficient shoppers.  But often we are not. 

          I wonder why?

 

II-F.   Shopping
           1.  Bah, Humbug
           2.  The Winner's Curse
           3.  In Search of the Perfect Christmas Tree
           4.  Automobiles:  Different People, Different Prices
           5.  Good Intentions Gone Awry


Permission to reproduce or copy all or parts of this material for non-profit use is granted on the condition that the author and source are credited.  Suggestions and comments are welcomed.

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Last modified 07/02/05