tag:blogger.com,1999:blog-7464708.post7534735617526416309..comments2024-03-22T06:05:36.544-04:00Comments on Kids Prefer Cheese: Memo to the NYT: Consumer Surplus is not a "social return"Mungowitzhttp://www.blogger.com/profile/02340064320347875601noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7464708.post-28945178281110954022015-04-20T09:06:13.246-04:002015-04-20T09:06:13.246-04:00Angus: you lived in New Orleans for a while. Surel...Angus: you lived in New Orleans for a while. Surely you know the worst house color is not purple ... it's (pepto-bismol) pink.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-61019442625139959362015-04-18T00:22:44.565-04:002015-04-18T00:22:44.565-04:00I thought the funniest part was where he said that...I thought the funniest part was where he said that American financiers should become more like lenders in developing economies, like India.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-81329010106146266612015-04-17T08:42:26.282-04:002015-04-17T08:42:26.282-04:00The writer has a political agenda to which all log...The writer has a political agenda to which all logic must bend. If you insist that 2+2=4, then you are just an unfeeling brute.<br /><br />The social benefit in the house painting example is in the market itself. As Angus noted, the "social return" of a particular transaction is problematic, but the general availability of services like house painting is enormously valuable.<br />Tomhttps://www.blogger.com/profile/08574355302581451838noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-71474128223360521332015-04-16T09:03:47.771-04:002015-04-16T09:03:47.771-04:00The writer is a professor of economics at Harvard-...The writer is a professor of economics at Harvard--ouch! Ivory tower indeed.Jack Gnoreply@blogger.comtag:blogger.com,1999:blog-7464708.post-44625951762566555292015-04-15T22:41:36.459-04:002015-04-15T22:41:36.459-04:00LOL Anon: I think YOU misread the original:
"...LOL Anon: I think YOU misread the original:<br /><br />"The social returns are the pleasure that my photographs provide to my customers."<br /><br />Please don't take any of my classesAngushttps://www.blogger.com/profile/03656436431053306500noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-13408520835122328612015-04-14T13:25:50.382-04:002015-04-14T13:25:50.382-04:00I think you misread the original. The social retur...I think you misread the original. The social returns here are not those to the buyer of the item, but to the browsers who see the photos. I hope you grade exams more carefully!Anonymousnoreply@blogger.com