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Economics 102 with Prof Abhijit Banerjee [S2 Ep.31]

Conversations With Coleman

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Spending Money Takes Time

status independent of income. It's a different set of motivations in our inour minds, that is sometimes more powerful and sometimes goes contray to what a financial incentive would be. I also think that if you take the people woare making the really top dollars, i don't even think they have the time to spend it. Spending money takes time. That's why he's trying to go to the moon, because that's the only way to spend really big much.

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