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Markets in everything?
I cannot verify this one, but it popped up in this week's News of the Weird:
China Daily reported in May that businessman Hu Xilm, who claims that a housefly in food 10 years ago ruined a big business deal for him, has since spent thousands of dollars on an obsession to eliminate as many flies as he can; with help from a team of volunteers he recruited, he claims to have killed 8 million.
My question: What does it cost to kill eight million flies? [And should it be a labor-intensive activity? Should it in fact be outsourced to China? Were the "volunteers" acting out of charitable motives?] If I knew the true cost, I would hold a lottery among MR readers, with a big prize for the winner.
Posted by Tyler Cowen on July 16, 2004 at 01:40 AM in Economics | Permalink
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