06 August 2008

Those Wacky Economists

Alex Tabarrok at Marginal Revolution has a great post on "How an Economist Thinks."

Over the weekend a crew came round my neighborhood offering to paint house numbers on the curb. Large bold curb numbers, they pointed out, make it easier for emergency service workers to find houses in the dark. Good argument. The price was good too. Then I noticed my neighbors were having their numbers painted. So of course, I declined.
As Homer Simpson would say, "It's funny because it's true."

1 comment:

James K said...

And look at the reaction to his decision. This is why economists have such a hard time getting people to believe them.