January 20, 2011
More on negative externalities c. 1911
From the Jan. 20, 1911 NYT:
The Aldermen's law Committee will hold a public hearing in City Hall next Thursday afternoon on the ordinance introduced by Alderman Alexander S. Drescher of Brownsville to limit the length of hatpins. The measure fixes a penalty of $50 [$1,180 in 2010 CPI adjusted dollars] for the wearing of a pin which protrudes more than half an inch from the crown of a hat.
Oh boy.
Posted by Craig Depken at 10:52 AM in
Economics
