Abstract

http://ssrn.com/abstract=1139186
 
 

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The Black Market and the Silver Screen: Economics in the Third Man


Mike Hammock


Middle Tennessee State University - Department of Economics and Finance

Art Carden


affiliation not provided to SSRN

July 10, 2007


Abstract:     
The classic noir film The Third Man tells a story of a staged death, an over-inquisitive friend, and a hopeless lover, in the dark world of postwar Vienna. It is also an excellent demonstration of the effects of price controls and rationing, and of the unpleasant consequences of the resulting black markets. This essay shows how we can understand a character's actions using economic insights. More generally, we explore the economics of government price controls and coupon rationing and suggest that The Third Man provides a vivid illustration of their impact.

Number of Pages in PDF File: 13

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Date posted: June 1, 2008  

Suggested Citation

Hammock, Mike and Carden, Art, The Black Market and the Silver Screen: Economics in the Third Man (July 10, 2007). Available at SSRN: http://ssrn.com/abstract=1139186 or http://dx.doi.org/10.2139/ssrn.1139186

Contact Information

Mike Hammock
Middle Tennessee State University - Department of Economics and Finance ( email )
Murfreesboro, TN 37132
United States
Art Carden (Contact Author)
affiliation not provided to SSRN
Feedback to SSRN


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