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Tickle Me Elmo Economics

Tickle Me Elmo Economics

Hordes of adults rioting in decent Fredericton over a kid’s toy in short supply at 3 am? Toy scalpers selling a modestly priced toy for thousands of dollars? The Tickle Me Elmo craze of 1998 not only demonstrated a few basic points about economics and human nature; it also highlighted various issues regarding out modern economic state.

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