On Tue, Oct 6, 2009 at 8:00 PM, David B. Shemano <[email protected]> wrote:
> 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.
>



Something else they have in common: they are the most basic
necessities of life once you have enough to eat!
-raghu.



-- 
Dyslexics of the world, UNTIE!
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