Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one. Emily Oster Read Quote
Economists typically think that your happiness goes up as you get more money, but the more you have, the less each additional dollar matters. This means that you value money most in times when you have less income and more expenses. Emily Oster Read Quote
If you asked me which gives me more joy, my work or my family, there is no question that it’s my family. Hands down. If I had to give one up, it wouldn’t even be a contest. Emily Oster Read Quote
Every time you have a carrot instead of a cookie, every time you go to the gym instead of going to the movies, that’s a costly investment in your health. But how much you want to invest is going to depend on how much longer you expect to live in the future, even if you don’t make those investments. Emily Oster Read Quote
Even though it is the case that poverty is linked to AIDS, in the sense that Africa is poor and they have a lot of AIDS, it’s not necessarily the case that improving poverty – at least in the short run, that improving exports and improving development – it’s not necessarily the case that that’s going to lead to a decline in HIV prevalence. Emily Oster Read Quote
Feminists of my mother’s generation argued that both mom and dad should work a little less and each do some of the household chores. My parents, for example, split everything 50/50. Even though my father is a terrible cook, he still made dinner exactly half the time. Emily Oster Read Quote
When I meet people on airplanes and they find out I’m an economist, they usually ask about stock tips. Emily Oster Read Quote
