$2400 an hour might seem quite a lot of money to spend on a prostitute, but you have to remember that it's a positional good.
christ I'm infantile. dd -----Original Message----- From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Carl Remick Sent: 10 January 2005 15:14 To: PEN-L@SUS.CSUCHICO.EDU Subject: Re: opportunities for economists $2400 an hour for a call girl!? Are you sure you have the exchange rate right? That's the most eye-popping cost for libidinal servicing I've seen since John Profumo went gaga over Christine Keeler and paid his whole career for the experience. It seems to me the individual contracting this service would himself have to have the productivity of legendary priapism sufferer Porfirio Rubirosa to rationalize this expense. Carl >oddly enough, at the bar after my firm's Christmas party I was chatting to >what the newspapers would call a "high class call girl" and it's about the >same rate. > >dd > >-----Original Message----- >From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael >Perelman > >One the place to the Econ meetings, I sat next to an economist that worked >on high >profile anti-trust litigation. She said that one Nobelist charges $2400 >per >hour-- >not just for court time.