ask alexa

Dear Alexa, My friends and I went to the movies last weekend, and at the end of the night I realized I paid more for my popcorn, soda and candy, than I did for my actual movie ticket! Why are movie concessions stands so expensive? Please Explain! Kate Well Kate,... [read more]
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EconLife.com connects economics to everyday life, current events and history.

blog: the economic life

Property rights
When you shovel a parking space, does it remain yours when you pull out? In Boston, if you shovel out your car during a snow emergency, the space is yours for at least two days. Just “reserve” it with a lawn chair or trash can. 

Fiscal policy
-Federal employees will be paid for snow days. The total? Close to $100 million a day.
-Snow removal costs are exceeding all estimates. Virginia is beyond its $104 allocation. Philadelphia’s Mayor Nutter just said “We’ll figure out budget issues later.” Weeks ago, a Wisconsin town clerk said they would only plow curves, intersections, and hills.

Technology
The headline said, “Robot Snowplow from Japan Eats Up Snow, Poops Out Bricks.” The snow bricks are then deposited in a river