The Law of Price and the Time of the Month

Yesterday, I arrived home past 10 in the night, which is quite late for my area. Reason been that I was trying to satisfy the law of demand and supply of transport to Kahawa, where I live. According to the economics I was taught before my university was abruptly closed, price drops when demand is low and supply is high. As for yesterday, the more than 20 empty matatus at the bus stop insisted that they had to charge rush hour fare-despite absence of willing passengers at the bus stop-which had only enough passengers to fill 2 omnibuses(Nissans).

I came to realize that the law of demand and supply is not the case in this metropolis of ours, Nairobi. Apparently, its population is quite sizable for the metroplois to disregard common economic laws and come up with it's own replacements. After a quick research, albeit free of common typing errors, I found out that we now have a law of price versus time.

This law states that the price of a good or service will increase & remain constant at a high price at the beginning/end of a month , and then drop to adopt the normal laws of demand and supply during other periods of the month. Below is a graph depicting the law of price and time of the month.

Despite this law, after sourcing carefully, and avoiding common typing errors, you can find a seller whose price is dictated by the law of demand and supply. For example, I had to connect home via Githurai matatus , resulting in a 20-30 shilling(50%) difference for the same journey. As for those who do not have time to source for such sellers, you have no option rather than to follow such laws, you can give your comments below on your encounter with this law.

Comments

Kenyan Beers and Craft Beer Reviews for 2025

It's 2025, and you asked for yet another Kenyan beer review. Let's cut straight to the chase - we keep the many stories for once we are drunk. Right? This year we categorize the beers according to breweries. Bila Shaka / Bateleur Flagship is Bila Shaka which is a rich flavoured but bitter IPA with 6% volume. They focus more on quality and experimenting. Home to many pleasantly (sweet per 2 people. I agree) favoured beers like Dire Straits, and for the ladies who love it a lot on the sweeter side, there's Honey Badger. These come in at about 5% or so. Jua Kali isn't as sweet as the above and is a mixed rice and barley beer, for some reason popular in the hot coast. Capitan is their bar beer and is a light-ish, pleasant beer at 4% volume and a good time passer when you're there for a long and good night and have things to do the next day. My favourite local brewer and highly recommended, especially Dire Straits. It's a medium beer, don...

RE: Appointment as Ambassador of the Republic of Kenya to The United States of America

Image: South African marriage courtesy The Telegraph ( http://www.telegraph.co.uk/news/worldnews/africaandindianocean/southafrica/6237922/South-African-man-marries-4-women-at-same-ceremony.html ) Dennis Kioko, Address Pending. President to-be-elect, Republic of Kenya, Address Pending, Again. Dear Sirs/Madams, RE: Appointment as Ambassador of the Republic of Kenya to The United States of America I would like to draw your attention to news reported across various sections of the press (way behind your daily portraits on the front page) that several Missions to the country are equivalently vacant with the duty of appointed high commissioners having expired. This includes Kenya's High Commission to the United States of America. Among your first duties, having assumed duty as Kenya's president, duly elected or otherwise, will be to appoint commissioners to these missions. It is in this regard that I highly ...

In Kenya, its everybody's turn to eat

Kenya, is a third world country facing lots of problems from a capital city with water shortages, national blackouts, crime to bloody elections. A lot of explanations have been fronted as to the root of our problems. The politicians have taken almost all the blame, closely followed by our tribes and then other smaller reasons. Careful examination of all of this roots will reveal that you are far from the truth. As it has been pointed out, Kenya is a capitalist state, and before you jump to a conclusion that that is where the problem lies, it is not. Capitalism merely rewards the smartest and those who have the capital. In capitalism, every one aims for a chance to be successful, and more often than not, aim to out succeed the rest. Well, aiming to out succeed the others is not a problem, but like drugs, can become a very dangerous habit. Like a junkie who will go to any level to get the next fix, people aiming to be successful can go to any level to reach such heights. The result ...

Eastleigh, the Shopping District of Nairobi

It reached a point where I was getting envious, envious of the Nairobi beggars , the ones who are disabled, mostly amputees. I was not envious of their begging, but more of their begging while dressed in pretty cool garments, more so designer jeans. You see, you cannot beg in designer jeans and expect people to listen to your plight when they are dressed in garments that are almost wearing thin. So after been approached by several beggars who I felt were better dressed than I was, I decided that it was time to upgrade my wardrobe. The first place to look was my dirt-cheap stockist in downtown Nairobi, but I found that when it came to jeans, the stock reminded me of some jeans that I once saw when I was in primary school, popularly known as Savco. Remembering a story I had been told about Eastleigh having a large enough stock of textiles sold at a subsidized price(apparently)by pirates , I decided to pay the place a visit. The place, might be thse source of the billions of dollars ...

Nairobi's Top 4 Texas Brisket Places Reviewed and Ranked

Brisket on a bed of roast vegetables with barbecue sauce at Texas Brisket, Kikuyu This review has been updated after a number of you suggested I try the brisket at County2County. What's the best place to have Brisket in Nairobi? What's even brisket? Brisket is one of the toughest cuts in a cow, from around the belly. It is so tough that it has to be smoked for about 16 hours to tenderise. But that there, is the catch. 12 to 16 hours later, it is the most flavourful and softest cut you will ever have. So full of flavour and so soft you can pick it apart with your fingers. However, due to the long cooking time involved, only a few places offer brisket in Nairobi. The best so far is Texas Brisket which is located within Kikuyu Railway station. They do the meat for a proper 16 hours, and will usually have a fatty or non-fatty portion. The fatty portions are more tasty. A 500 gram serving goes for KSh. 900 and a 1 KG order comes with a serving of fre...

Dennis Kioko

Search This Blog