Met them in a supermarket in Medellin. To an economist, of course, such santas are non-tradeable goods and services, hence arbitrage not possible. Otherwise our inefficient domestic santas would quickly go the way of the red squirrel.
Saturday, December 10, 2005
COLOMBIAN GIRL SANTAS
Trade ministers are gathering in Hong Kong for a crucial round of talks aimed at liberalising free trade. Who gives a toss, right? Here are some Colombian girl santas.
Met them in a supermarket in Medellin. To an economist, of course, such santas are non-tradeable goods and services, hence arbitrage not possible. Otherwise our inefficient domestic santas would quickly go the way of the red squirrel.
Met them in a supermarket in Medellin. To an economist, of course, such santas are non-tradeable goods and services, hence arbitrage not possible. Otherwise our inefficient domestic santas would quickly go the way of the red squirrel.
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