Noah Smith & Brad DeLong's 30:00 < [Length of Weekly Podcast] < 60:00
"Target saving" / income effect could be construed as a special case of a Giffen good?
Umm, and I guess "keeping score" transitions to a Veblen good, at some sufficiently high level.
Yep...
"Target saving" / income effect could be construed as a special case of a Giffen good?
Umm, and I guess "keeping score" transitions to a Veblen good, at some sufficiently high level.
Yep...