They Don’t Make Movies Scenes Like This One Any More

(Don Boudreaux)

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People in my generation will be amused to see, in this scene, Gilligan’s Island “skipper,” Alan Hale, dressed in a business suit. But the truly interesting feature of this short clip is the spot-on economics lesson delivered by Donald Crisp in the span of four minutes. (HT Mark Steckbeck, and my colleague Dan Klein)