The Wall Street Journal reports on the strange band of people converging on Atlanta over the next three days: We have our conventions after the New Year, because that is when hotel rates are cheapest.
Two personal anecdotes on the penurious nature of economists:
(1) Many years ago, I went to the ASSA meeting in New Orleans. My plane arrived late, and I hadn't eaten, so I went into a bar to get a burger. Once I sit down, the bartender says to me, "you're not one of those as****e economists, are you." I said, "no sir, not me." He said, "good, those as****e economists are so cheap that all they'll drink is beer. Now what will you have."
(2) There was an chain Italian restaurant where I would sometimes go to lunch with colleagues. It was one of these places that gives you all the salad and rolls that you can eat if you order an entree--they just put a couple of salad bowls on the table, and refill them when they're empty. When one of our colleagues would learn a group was going, he would come along, eat the salad and rolls, and not order anything.
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