Economist's Contemplation of Cappuccino Is Complicated

Economics is a complicated field of study as it is, but when you are less than subjective because you enjoy the subject being analyzed, it becomes more so.

David Kestenbaum recently reported on the dilemma faced by Tim Harford, the Undercover Economist. Harford explained an interesting economic truth that can be exemplified by cappuccino. In describing the free market, a product such as a cappuccino appears fairly simple, as in its basic form, it only requires water, coffee and milk.

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Source: http://www.roaste.com/CafeRoaste/News/2010/12/18/Economists-Contemplation-Cappuccino-Complicated-4944

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