I have yet to address many comments that showed up over the last couple of weeks. I will get to them — eventually. Lately I’ve been extraordinarily busy with nothing. So if you have any questions or comments that may seem out of place elsewhere, this is where you post them. Not that I expect an avalanche of comments/questions but who knows.
I should explain my policy about comments. I allow nearly all comments, except those that are gratuitously abusive or which are absolutely off-the-wall irrelevant. The spam control system holds comments from first-time commenters for moderation; and comments with more than two embedded links. If your comment does not show up in a reasonable amount of time, please email me atanudey at gmail dot com.
And now for your pleasure, I present a vignette that warmed the cockles of this economist’s heart. I leave it to the interested reader to explain why it’s so good.
Sometime later, upon request, I would be happy to point out why this one delighted me.
NOTE on the image above. The store is America’s Tires — they’re a chain in California which sells wheels and tires. They do free wheel rotations (takes about 15 minutes of labor) if you bought the tires from them. What’s more, regardless of where you bought tires from, if you have a flat, they will fix it for free. About 15 years ago, I had a flat (the only one in the last 30 years) and they fixed it. The tires were from Costco.
Atanu Dey : Life is a Random Draw 
Thats a cute video of boys feeling great about earning money for work. What do you like about it?
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Warren Buffet recently gave a statement about controlling the fiscal deficit in US, “You just pass a law that says any time there’s a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”
I know you have previously said that your interest is in microeconomic theory and have little interest in macroeconomics, still I wanted to know what you think of the idea Buffet proposed. Is it a good way to contain politicians from splurging public money and increasing the country’s fiscal deficit? What can be the potential downsides of this move?
Warren Buffet is a registered Democrat, but I am not sure if he has an audience with the current decision makers within the Democratic Party.
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