The economics of haircuts

by Russ Roberts on December 14, 2010

in Podcast

The latest EconTalk is about haircuts. No, not the repo market but the real thing, an interview with Wafaya Abdallah who runs a hair salon. Most of the conversation is about the challenges of running a small business–motivating employees, compensation design, worries about competitors. But you’ll also discover how much a serious haircutter pays for her shears.


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