Ep 182: Conversation and Society
The Seen and the Unseen - hosted by Amit Varma
00:00
The Trade Off Between Quantity and Quality of Children
Garry becker was a master of the economic tool, and use it to see what insights they can get. He tried to explain why wealthy people have more nights out at restaurants? Why do they have more cars? Why don't they have more children? They like kids, kids or things they like. So that's really interesting. But most economists struggle to remember that their models of reality aren't the same as reality. And you might arguewell, what's the difference? Not a big dealbut the difference is s that it to change how you look at human beings and how you lookat yourself.
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