Friday, July 30, 2010

Economics: we know it all

You probably thought that there were some things economics didn't claim to know about. Little did you know, we economists think we have a handle on any and all decisions.

From Ejrnaes, Mette, and Claus C. Pörtner. 2004. “Birth Order and the Intrahousehold Allocation of Time and Education.” Review of Economics and Statistics 86(4, November): 1008-1019.

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