socialmedian: I'm Not Cheap Enough for a Six-Hour Laundry Session

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I'm Not Cheap Enough for a Six-Hour Laundry Session

Submitted by Seansharp from Google Reader

Aug 28, 2008

Summary

One of the most profound ideas in economics is household production: the idea that people can choose how to do things by combining their time and their purchases - and then utilize substitution depending on the prices of each.
There is more than one way to take a vacation: it can be short and [...]