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Monday, August 16, 2010

Incentives

"Most of economics can be summarized in four words: 'people respond to incentives'. The rest is commentary." - Steven Landsburg

Many times the two best words you can hear when you are apartment hunting (especially if you are a broke college student) are "utilities included". I can say from personal experience that it is awesome. People in New York City do too, but having utilities included in the rent may cause some unintended consequences.

Also, I found the quote above here amoung some great quotes about economics and government. Some of those quotes are from my new favorite POTUS.

1 comment:

  1. Hey Brad.
    I'm with you about silent Cal. He's my favorite President as well.

    ReplyDelete