Economics as a Dismal Science

We always knew economics was a dismal science, but The Economist confirms it through its latest annual list of the World's Most Expensive Cities. The top honors go to...no, not Tokyo, not even London. It's Oslo, Norway.

[gasps, followed by What the..?-style questions]

While I am convinced their numbers are right (not sure what they actually picked as criteria for their rankings), I am convinced people will just shrug off the fact that 8/10 most expensive cities in the World are in Europe. One can always go cheap even in the most expensive of the cities.

To illustrate this point (and thumb their noses at The Economist), Gridskipper came out with a Cheap-O Guide to Oslo.

I'd say you could go on a 6-night joy ride that would include air from the US (or Canada), 3-night stays at budget hotels in Reykjavik and Oslo, and the flights to connect the two cities.

Just check it out here: Reykjavik and Oslo by Air from $945