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Author Topic: Solar eclipse 2017  (Read 11347 times)

Duke87

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Re: Solar eclipse 2017
« Reply #275 on: August 29, 2017, 07:08:37 PM »

So some chose to try to make money while others didn't.

And among those who did, some were better at it than others, no doubt!

Indeed. Someone with a normally free parking lot who charged a few bucks, made a few bucks. A farmer who decided to let a field lay fallow in order to sell plots in it to campers lost money because their income from those sales would not have been sufficient to offset the opportunity cost of not having crops to sell.
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If you always take the same road, you will never see anything new.

empirestate

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Re: Solar eclipse 2017
« Reply #276 on: August 29, 2017, 10:00:46 PM »

So some chose to try to make money while others didn't.

And among those who did, some were better at it than others, no doubt!

Indeed. Someone with a normally free parking lot who charged a few bucks, made a few bucks. A farmer who decided to let a field lay fallow in order to sell plots in it to campers lost money because their income from those sales would not have been sufficient to offset the opportunity cost of not having crops to sell.

Well, unless that field was never going to produce a viable crop anyway. Farmers have many fields, and not all of them are in use at all times. I doubt that any of these farmers, apocryphal though they may be, actually plowed under their entire land!

But even if they did, the one who got word out, put together a web site, got his field listed on the official list of viewing sites, and booked up a number of advance sales made more money than the one who just slapped up a plywood sign and hoped for passersby. That's the comparison I'm making.
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