Cutting Remarks

You know, not all economic news has to be depressing. If you're in the market for a machete and are worried about overpaying for one, you're in luck:

The price of machetes has halved in parts of Nigeria since the end of general elections in April because demand from thugs sponsored by politicians has subsided, the state-owned News Agency of Nigeria reported.

NAN surveyed prices in the northeastern state of Gombe and found that a good quality machete was now selling for 400 naira ($3) compared with 800 naira before the elections, which were marred by politically motivated violence in many states.

It's common to overlook the "hired thug" factor when analyzing economic data.