4min chapter

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Emily Oster on the Family Firm

EconTalk

CHAPTER

Are You a Good Mom or a Bad Mom?

When i was in high school, my mother would bribe me with food to come home for dinner. I do remember many tons meal. The idea that we should be maximizing all the time is a straw man of the economists view. Apparenting is a decision that the pleasure and pain of the moment doesn't really represent what the goal of the firm is. It's why tantrums are effective and why we should usually give in to themd.

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