Posts Tagged ‘Calvin Trillin’

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    The Oreo Centennial

    Dec 28, 11 • 289 Views • Businesses, Demand, Supply, and Markets, Economic History, Economic Thinkers, Financial Markets, Households, Innovation, International Trade and Finance, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Next year, we can celebrate Oreo’s 100th birthday. First sold in 1912, Oreos have been priced at: 1922: 32 cents/lb. 1934: 27 cents/lb. 1960: 45 cents/lb. 1991: $2.39/lb. 2008: $4.29/18oz. 2011: $4.29/16.6oz. Amazingly, according to the Bureau of Labor

  • Crisis Autopsy

    Apr 9, 10 • 167 Views • Economic History, Financial Markets, RegulationNo Comments

    In an October NY Times op-ed, Calvin Trillin describes a (hypothetical) conversation in a midtown bar about the financial crisis. “The financial system nearly collapsed because smart guys had started working on Wall Street.” By contrast,