Jay Leno Freaks Out That The Unemployed Might Prefer Money Over Free Leno Tickets
from the let's-explain-the-free-market... dept
Apparently, Jay Leno needs that same lesson, and economist Greg Mankiw is explaining it to him. Leno went to Michigan and gave out free tickets to unemployed workers in the state -- and then complained when people put the tickets up for sale on eBay. Remember, these are unemployed people. For many of them, do you think they'd prefer some extra cash or the opportunity to see Leno live? Hell, do you think they'd be better off with cash or the free trip to Leno? Obviously, some greatly prefer the cash -- and it actually seems quite mean of Leno to try to deny them that cash by demanding that eBay take down the auctions.