Chickenomics

Here’s a fine wee analysis on the costs and benefits of backyard chickens. It’s far from an exact accounting, but it’s both entertaining and prompts a couple of questions. Conventional economists will note a flaw in the arithmetic – the author doesn’t value his own time. He spent an entire weekend turning a dresser into a coop, which means that he under-estimates the savings from raising backyard chickens. Ecological economists will note that he doesn’t value the carbon spent and saved in the exercise. And Joshua Levin, the author, conscious of some of this, concludes very nicely: Continue reading “Chickenomics”