Mises Wire
Author:
Daniel Sutter
Online Publish Date:
In Dr. Seuss’s book ”The Cat in the Hat Comes Back” (1958) there is an expression of alarm that the walls are being cleaned with “Dad’s $10 shoes,” which in today’s terms would be about $62. I find it odd that the kid in the book is so freaked out by about the price of his dad’s shoes when they are clearly not especially expensive for shoes. He