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	<title>RandallHMiller.com &#187; Dominican Republic</title>
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		<title>Intro. to Dominican Economics</title>
		<link>http://randallhmiller.com/intro-to-dominican-economics/</link>
		<comments>http://randallhmiller.com/intro-to-dominican-economics/#comments</comments>
		<pubDate>Fri, 21 Jan 2011 14:03:26 +0000</pubDate>
		<dc:creator>RHM</dc:creator>
				<category><![CDATA[Misc.]]></category>
		<category><![CDATA[Dominican Republic]]></category>
		<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://randallhmiller.com/?p=5494</guid>
		<description><![CDATA[Lesson 1: Supply and Demand Several years ago I was on the north coast (Cabarete area) of the island hanging out with a friend. My friend was a heavy smoker and had just returned from the colmado (i.e. bodega, typical convenient store). He was shaking his head as he recounted his experience. He wanted to [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://randallhmiller.com/wp-content/uploads/2011/01/dominicanflag.jpg"><img class="alignright size-full wp-image-5501" title="dominicanflag" src="http://randallhmiller.com/wp-content/uploads/2011/01/dominicanflag.jpg" alt="" width="268" height="176" /></a></p>
<h2>Lesson 1: Supply and Demand</h2>
<p>Several years ago I was on the north coast (Cabarete area) of the island hanging out with a friend. My friend was a heavy smoker and had just returned from the colmado (i.e. bodega, typical convenient store). He was shaking his head as he recounted his experience. He wanted to buy cigarettes but all they had were the little packs with 10 cigarettes. He wanted the packs of 20 so he asked the owner if they had any.</p>
<p><strong>Store Owner:</strong> &#8220;No. I don&#8217;t stock those any more because they sell out too quickly.&#8221;</p>
<p><img class="alignleft" title="Colmado" src="http://www.colonialzone-dr.com/blog/uploaded_images/san-jose-montecinos-elections2008-results-791505.jpg" alt="" width="315" height="236" /></p>
<h2>Lesson 2: Economies of Scale</h2>
<p>Another friend decided to hire a local craftsman to make him a chair for his office. So he pulled over to visit the roadside workshop and worked out the details with the little old man he found sitting there. 2,000 pesos for one chair &#8211; come back in a week.</p>
<p>My friend picked up the chair a week later and brought it to his office where several of his employees expressed interest. He decided to buy 6 more for the office. So he returned to the old man&#8217;s workshop and indicated that he would like to order 6 more chairs. It was 2,000 for one, how much would it be to buy six? The old man thought for a minute&#8230;</p>
<p><strong>Old Man:</strong> &#8220;3,000 pesos each.&#8221;<br />
<strong>My Friend:</strong> &#8220;But it was 2,000 for one chair. Why would it be 3,000 each for six chairs?&#8221;<br />
<strong>Old Man:</strong> &#8220;Because it will take a lot more material and time. It&#8217;s just a lot more work for me.&#8221;</p>
<h2>Conclusion</h2>
<p>Some people are in business just to survive. Not everybody is out to take their business public or start the next Microsoft.</p>
<p>Comments and criticism are welcome.</p>
<p>If you like this post &#8211; share it with someone.</p>
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		<title>Required Reading for Anyone Interested in the Dominican Republic</title>
		<link>http://randallhmiller.com/required-reading-for-anyone-interested-in-the-dominican-republic/</link>
		<comments>http://randallhmiller.com/required-reading-for-anyone-interested-in-the-dominican-republic/#comments</comments>
		<pubDate>Mon, 01 Nov 2010 14:38:53 +0000</pubDate>
		<dc:creator>RHM</dc:creator>
				<category><![CDATA[Misc.]]></category>
		<category><![CDATA[Antonio Imbert Barrera]]></category>
		<category><![CDATA[Dominican Baseball]]></category>
		<category><![CDATA[Dominican Cooking]]></category>
		<category><![CDATA[Dominican Republic]]></category>
		<category><![CDATA[DR1]]></category>
		<category><![CDATA[Haitian Massacre]]></category>
		<category><![CDATA[Julia Alvarez]]></category>
		<category><![CDATA[Junot Diaz]]></category>
		<category><![CDATA[Sanky Panky]]></category>
		<category><![CDATA[Santo Domingo]]></category>
		<category><![CDATA[Trujillo]]></category>

		<guid isPermaLink="false">http://randallhmiller.com/?p=5355</guid>
		<description><![CDATA[If you are like most people you research places you are about to visit for the first time. I would guess that about 60% of people do this. When it comes to the Dominican Republic and the people who have either traveled there or plan to travel there, I think the percentage is higher. Maybe [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://randallhmiller.com/wp-content/uploads/2008/08/dominicanflag.jpg"><img class="alignleft size-medium wp-image-4834" title="dominicanflag" src="http://randallhmiller.com/wp-content/uploads/2008/08/dominicanflag-300x197.jpg" alt="" width="300" height="197" /></a>If you are like most people you research places you are about to visit for the first time. I would guess that about 60% of people do this. When it comes to the Dominican Republic and the people who have either traveled there or plan to travel there, I think the percentage is higher. Maybe even closer to 80%.</p>
<p>The expat community and perennial visitors to the Dominican Republic typically know quite a bit about Dominican history and culture. The best way to learn about a culture is to immerse yourself in it like them. If that is not possible the second best option is to read.</p>
<p>Here are ten good books about the Dominican Republic (actually 7 books, 2 movies, and a website) in no particular order.</p>
<p>Note to Dominican Experts: Which books or resources would you add to the list?</p>
<p><a href="http://www.dr1.com">DR1.com</a><br />
Comment: Daily news, articles, an online guide, and a message forum filled with treasure covering just about any Dominican topic you can think of. Appropriate for newbies and Jedis alike.</p>
<p><a href="http://www.amazon.com/gp/product/1594483299?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1594483299">The Brief Wondrous Life of Oscar Wao</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=1594483299" alt="" width="1" height="1" border="0" /> by Junot Diaz<br />
Comment: The first Dominican writer to receive a Pulitzer Prize. Lots of funky footnoting but this book is a huge hit.</p>
<p><a href="http://www.amazon.com/gp/product/B000NPTHZQ?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000NPTHZQ">The Unfinished Experiment: Democracy in the Dominican Republic</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=B000NPTHZQ" alt="" width="1" height="1" border="0" /> by Juan Bosch<br />
Comment: Juan Bosch was no communist.</p>
<p><a href="http://www.amazon.com/gp/product/0312420277?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0312420277">The Feast of the Goat</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=0312420277" alt="" width="1" height="1" border="0" /> by Mario Vargas Llosa<br />
Comment: The assassination of the Dictator Trujillo. General Antonio Imbert Barrera (from my wife’s family on her father’s side) is one of the only living assassins. Hollywood made a movie out of this but it wasn’t very good.</p>
<p><a href="http://www.amazon.com/gp/product/0140280499?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0140280499">The Farming of Bones</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=0140280499" alt="" width="1" height="1" border="0" /> by Edwidge Danticat<br />
Comment: All about the Haitian Massacre of 1937 that you’ve never heard of.</p>
<p><a href="http://www.amazon.com/gp/product/0822321238?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0822321238">The Dictator Next Door: The Good Neighbor Policy and the Trujillo Regime</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=0822321238" alt="" width="1" height="1" border="0" /> by Eric Paul Roorda<br />
Comment: A thrilling account of Trujillo’s rise to power and the iron grasp he had on all things Dominican.</p>
<p><a href="http://www.amazon.com/gp/product/B002E01LOI?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002E01LOI">Sugar</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=B002E01LOI" alt="" width="1" height="1" border="0" /><br />
Comment: An awesome movie for baseball fans. It’s about the reality of baseball training camps in the DR as well as U.S. immigration.</p>
<p><a href="http://www.amazon.com/gp/product/B000S88JRA?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000S88JRA">Sanky Panky the Movie</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=B000S88JRA" alt="" width="1" height="1" border="0" /><br />
Comment: A Dominican made comedy about the legendary “Sanky Panky” (Dominican men who seduce foreign women out of their senses and eventually out of their money).</p>
<p><a href="http://www.amazon.com/gp/product/9945045008?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=9945045008">Aunt Clara&#8217;s Dominican Cookbook</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=9945045008" alt="" width="1" height="1" border="0" /> by Clara Gonzalez and Ilana Benady<br />
Comment: The only book about Dominican cooking you will ever need.</p>
<p><a href="http://www.amazon.com/gp/product/1565129768?ie=UTF8&amp;tag=randahmille-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1565129768">In the Time of the Butterflies</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=randahmille-20&amp;l=as2&amp;o=1&amp;a=1565129768" alt="" width="1" height="1" border="0" /> by Julia Alvarez<br />
Comment: The tragic story of the Maribal sisters. You have to be able to say that you read at least one Alvarez book. It’s mandatory. Hollywood made a movie out of this one too but it wasn’t very good.</p>
<p>Comments and criticism are welcome.</p>
<p>If you like this post &#8211; share it with someone.</p>
<p>Other book lists:<br />
<a href="http://randallhmiller.com/required-reading-for-political-candidates/">Recommended reading for Political Candidates</a></p>
<p><a href="http://randallhmiller.com/wp-content/uploads/2008/02/mapofthedr.jpg"><img class="aligncenter size-medium wp-image-437" title="mapofthedr" src="http://randallhmiller.com/wp-content/uploads/2008/02/mapofthedr-300x210.jpg" alt="" width="300" height="210" /></a></p>
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