Talking to Bryan just now we came up with the following question.
It seems that for most people it is easier to work for money on weekdays
than on weekends. This suggests that when trading off working for money
versus leisure or home production, people should put more emphasis on
working for mo
I'm curious if anyone is aware of an instance, where a conscious,
explicit choice was made in government policy to choose higher total GDP
over higher per capita GDP, or vice versa.
It seems to me that most any policy restricting immigration is choosing to
maximize per capita GDP over total GDP a
On 7/18/2003, Wei Dai wrote:
I think maybe the answer is that a dictator has an economic incentive to
maximize total GDP, while a voter has an incentive to maximize per capita
GDP instead. ...
If the new capitas were coming from immigration this makes sense, but if
they are coming from children, th
On Tue, Jul 15, 2003 at 07:04:27PM -0400, Robert A. Book wrote:
> [...] The point
> I was tryign to make is that it's possible for a dictatorship to
> depress child-rearing opportunities less than other opportunities,
> thus making child-rearing relatively more attractive.
Why do you think dictat