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Old 12-12-2012, 10:59 PM   #551
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Why are they stupid? Because YOU don't value it? Update: the cards actually had $400 on them and also gave other benefits and were sold for $450 by Starbucks. One person paid $1000 on eBay for one. http://money.cnn.com/2012/12/10/news/companies/starbucks-card-ebay/

I bet lots of people here pay prices for beer that a lot of people think is stupid. A man dying of thirst in the desert would happily pay $100 for the last bottle of water. Is he stupid too? I'd say he'd be stupid not to pay it.
Ah had it backwards. Thanks!


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Old 12-12-2012, 11:11 PM   #552
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http://m.youtube.com/#/watch?feature=fvwrel&v=d0nERTFo-Sk
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KEYNES...versus....SMITH. FIGHT.

I would totally listen to that...


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Old 12-12-2012, 11:13 PM   #553
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Originally Posted by TyTanium

Sure, demand moves price in the short run, but in the long-term prices are a function of production costs.
True, but as economists like to say, in the long-term we're all dead. You are assuming we're already in the long-term but we're not. And the fact that beer is still a profitable business proves that. Profit is not fixed, some breweries are more profitable than others and not just because their costs are lower.
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Old 12-12-2012, 11:14 PM   #554
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Oh my god this is amazing...
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Old 12-12-2012, 11:17 PM   #555
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tl;dr. Back to beer stuff. So this guy walks into a bar, and then, well, he orders a beer.

I think I missed the punchline.
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Old 12-12-2012, 11:21 PM   #556
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tl;dr. Back to beer stuff. So this guy walks into a bar, and then, well, he orders a beer.

I think I missed the punchline.
Beer?! I thought you wanted a Bud Light!

Wait. That might be backwards.
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Even ales take too long. I need something I can ferment during the boil and drink from the kettle!
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Old 12-12-2012, 11:30 PM   #557
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It's getting dismal in here...
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Old 12-13-2012, 12:04 AM   #558
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A buddy of mine that only drinks bud light refers to ying ling as ding ling.
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Old 12-13-2012, 12:12 AM   #559
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I just missed this whole econ part and I'm pissed. I am a fellow econ major and missed this discussion. Fortunately I'm drunk and do not wish to restart the argument. Go economics!
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Old 12-13-2012, 12:16 AM   #560
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"where'd the funny beer things go?"


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...tasting a beer at 1 week, and again at 2....that to me just means there 2 less beers that are actually tasting good and are ready at the end.
"Anyway on the wall was this sign. People who drink light beer don't really like beer. They just like to piss a lot."

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