Prices. I guess an economist can’t hardly go without mentioning the differences in relative prices in France and the US for a bunch of different products. An obvious example is wine, which is wonderful and cheap. We were in the Monoprix the other day and Glenn showed me a bottle of wine that we would typically not buy in the US because it would be too expensive. I balked until Glenn said, “only 9 euros.” “Ok, let’s get several.” Plastic hangers balance out the equation. Honestly? 6 euros for 4? Sometimes you just miss the Target. One surprise was a computer we bought for Kate. We got her a small HP laptop with Windows 10, MS Office, touchscreen, 2 gigs of RAM, 32 gig flash memory, etc., for 229 euros. I think that it cheaper than a comparable product in the US, but I don’t know why it would be. There could be a price discrimination story here because the computer came with a crazy French keyboard, which is not easy to swap out on a laptop.
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| Price of baguettes no longer government-mandated but still very low. |
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