Arcane Gazebo

Blogging is thirsty work.

I just wanted to point out that I am not the only blog discussing the UC Berkeley soda market: Brad DeLong finds an opportunity for arbitrage.

Given the frequency with which the Evans Hall machine sells out, another route to profit might be to buy up the supply and sell it back to parched students at inflated prices on a hot day*...

*For example, today, at 81 degrees Fahrenheit, is a "hot day" by Berkeley standards.