1 item every 60 seconds. $5 every minute.
And even a brief browse through Freakonomics or their blog will quickly reveal just how much statistics relate to our everyday lives.
All of which brings me to the fact that I got my hair cut the other day. Not a particularly glamorous or extravagant event, as evidenced by the fact that it was a mere snip at $13.
I entered the barbershop at 8.03am.
I was seated by 8.04am.
And I was on my merry way by 8.17am.
$1 a minute.
Not so long ago, I used to get my hair cut at a salon. And, it used to cost me $47 and take about 45 minutes.
Also, $1 a minute.
And when I think about how long my beautiful wife will tend to spend at the salon when she has her hair done, it's generally a 3-hour exercise at a rough cost of $200.
Close enough to $1 a minute.
I'm sure by now you get my point, or at least my hypothesis. That there is no such thing as a cheap or an expensive haircut, only a long or a short one (at an approximate cost of $1 a minute).