“First rule of Economics 101: our desires are insatiable. Second rule: we can stomach only three Big Macs at a time.”

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• Price Discrimination and Buying a Car
  By Michael Bar, San Francisco, CA.
  All sellers will try to discriminate by your willingness to pay. It makes economic sense to change this into an auction game and reap the benefit as the auctioneer. Works great with car dealers!
• An Introduction to Insurance
  By Michael Bar, San Francisco, CA.
  Michael Bar introduces the omnipresent economic concept of insurance. Ever wonder why we buy insurance? Read this simple exposition and find out for yourself.