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For some reason, this strange article reminded me of this thread.

Calculating Paradise
Beach Economics

By Laura Blumenfeld
Washington Post Staff Writer
Saturday, April 21, 2007; Page D01

PROVIDENCIALES, Turks and Caicos -- The plane came from the north and landed near warm sand. Rachel Friedberg, a Brown University economist, stepped out, holding her black wool pea coat, squinting.

"Skin cancer. Dehydration. Sunstroke," she muttered. "Sand sticking to your body." The New England professor had arrived for vacation in Turks and Caicos, one of the Caribbean's fastest-growing economies. "Why would people on purpose, on purpose, go where the land ends, and stare at undifferentiated nothingness? Think of the opportunity cost of that time."

Lucid blue water makes most travelers forget about work. But for Friedberg, economics infuses everything: the equilibrium price of conch shells; the asset-value implications of Bruce Willis's beach compound; the labor market impact of a Filipino, rather than a Bahamian, massage therapist digging her oiled thumbs into Friedberg's sacrum.

For the constant economist, Turks and Caicos offers something more exciting than night scuba diving: a case study on the economics of hyper-growth....

by the stormy present (stormypresent aaaaaaat gmail etc) on Sat Apr 21st, 2007 at 08:15:04 AM EST

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