Wednesday, August 19, 2009

The Carnival of Economic Fun #1

Welcome to The Carnival of Economic Fun: Edition I. Thanks to everyone who submitted an article to this carnival. In total, there were 35 submissions to the carnival. To keep this sane, I present to you the top 10 submissions.

In no particular order, here they are:

1. Did you ever think it would be cool to be someone's apprentice? Don't want to be a Jedi or on that TV show (you know, The Apprentice)? No problem says this submission to the carinval.

Chris McClelland presents Apprenticeships aren't Just for Jedis and Electricians posted at Lucrative Investing.

2. Clothing can get expensive, especially if you go to Macy*s every day to check out the deals. Especially when times are tough, people look to cut back on clothing expenditures. This next submission helps with ten tips for getting by with your old clothes:

Wise_Bread presents 10 Ways to Get More Wear Out of Your Clothing posted at Wisebread.

3. We're all tempted to purchase things we don't need. Sometimes those things are fun, but often, we don't need them. For large purchases, the next submission is good advice. For small purchases, ask yourself how much you want to fret over your finances.

MatthewPaulson presents 5 Questions to Ask Yourself Before Every Purchase posted at Fine-Tuned Finances.

4. Next, here's an interesting perspective on the Cash for Clunkers program. Key point: If you take the clunkers off the road, you reduce the supply (and hence increase the price) of cars that poor people would buy. Ouch. That hurts:

Steve Faber presents Cash For Clunkers: What it is and How it Hurts the Poor posted at super gas saver.

5. I love these top ten lists. It's interesting to see what degrees that famous people earned (or at least, started):

Linda Jones presents » Blog Archive » 10 Celebs with Truly Ridiculous College Majors posted at Online

6. Here's a perspective on the macroeconomy. I don't know. Velocity feels like a symptom to me, but have a read:

nickel presents Velocity: The “Speed” of Money posted at

7. Kids say the darn'dest things. And, they teach us about incentives. This post comes from January, but the story about the kids is timeless:

Jeremy R. Shown presents Rhymes With Clown: Home Economics: Perverse Incentives & Unintended Consequences posted at Rhymes With Clown

8. How sweet it is. Is there a sugar bubble? Sounds like speculation to me:

Jimmy Atkinson presents Sugar ETF Surges On Supply Concerns posted at ETF Database.

9. Do baseball teams hold onto players for an unreasonably long time on account of big signing bonuses? In this next submission, an insider says that it's more about potential and low marginal costs. Neat:

Brian Akin presents Dear (Tommy) John Letters: Sunk Costs and Signing Bonuses posted at Dear (Tommy) John Letters.

10. Have a hankering for recession poetry? Here's a limerick and a haiku on bad economic times. Cute.

Madeleine Begun Kane presents Wall Street Woes posted at Mad Kane's Humor Blog.

That concludes this edition. I hope you had as much fun reading these articles as I have. Join us next month for another edition of economic fun. Until next time...

Submit your blog article to the next edition of the carnival of economic fun using the carnival submission form. Past posts and future hosts can be found on the blog carnival index page.

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