Joanna writes: >> Elizabeth Warren did a fabulous lecture about this where she showed that >> the overconsumption lay in three areas: health, education, and housing. >> Period. She looked at everything else and found flat or declining >> consumption.
Health, education and housing. What do they have in common? Oh yeah -- the three areas of the economy most favored by the tax code and government subsidy. Looks like people are rationally responding to the incentives and rules presented. David Shemano _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
