On Monday, The Idiot Economist gave a brief overview of the business model that IKEA, the Swedish self-assembled furniture giant, uses. Not having to build their furniture before they sell it is one way to cut down on manufacturing and shipping costs; they pass these savings on to you, the consumer, in the form of lower prices. However, another way to get furniture for cheaper than average retail prices or even for free is to get it used. And what better place to get used furniture than CraigsList.
Depending on your point of view, there is a special place in either Heaven or Hell for Ingvar Kamprad, founder of the massive furniture chain: IKEA. IKEA is your one-stop-shop location for chairs, desks, beds, cabinets, dressers, tables, and more, all for surprisingly low prices. The catch? You have to build it all yourself.
True to form for a one-person blog, the moment I posted an apology for infrequency of posts, this blog became a ghost town; a dusty archive of economic witticisms and increasingly outdated memes. However, despite a dramatic decrease in free writing time, I refuse to let this blog go. I love writing it, and I hope you enjoy reading it. With that said, today’s post should give you some hint as to why the Idiot Economist has been so busy lately. Today I present, based on personal experience and commonly accepted etiquette, “How to Quit Your Job”.
A brilliant piece from the Onion.
The Idiot Economist has done a lot of driving recently – up and down and East coast, to be specific. On any particularly long road trip, there are several constants: traffic in some unexpected location at an unexpected time, tolls that somehow always seem higher than the last time you drove up 95, and lots of fast-food that you only get when leaving the car is totally unacceptable. Not even Nate Silver could explain random traffic patterns (well, maybe HE could), but the Idiot Economist can cover the other two.