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Scarcity, Value, and Square Dance Lessons

In traditional economics, scarcity of a resource increases its value. Gold, diamonds, tickets to a championship game are all expensive because their scarcity has increased its value. If you offer square dance lessons once a year, this should make its value go up but...

The Rule for Reciprocation

In “Modern Square Dance Land,” I often hear people bemoaning the fact they can’t get people to try square dancing. ¬†Far too often, in the same conversation, I hear, something about how many flyers were handed out promoting the lessons. A flyer, a...