Sunday, January 3, 2010

Are Economists Cheapskates?

Yes, say two University of Washington economists who did a study, which the Wall Street Journal wrote about.
I doubt the validity, having acquired a strong bias against behavioral economics after learning more about the Freakonomics guys' work, but the story had this funny line:
"You might be an economist if you refuse to sell your children because they might be worth more later."

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