The conclusions I have for today's reads :
1. If you're one of sucessful boss, especially dear Sir and men, be careful --- do not ever betray your wife then marry your secretary. Prof. Mankiw told me, "when (you marry your secretary), GDP falls". Surely, that's the second bad news you'll get while on the first is God is going to throw you into hell.
-22.01 with pg. 495, Principles of Economics 6th ed, Mankiw.
2. I found this : "GDP is not, however, a perfect measure of well-being. Some things that contribute to a good (composition of) life are left out of GDP. One is leisure. Suppose, for instance, that everyone ('everyone' replaced by 'students') in the economy ('economy' replaced by 'economics studies') suddenly started working everyday of the week, rather than enjoying leisure on weekends. Yeah, fyi I spent last Saturday night with working on my homeworks and one more bonus, I wrestled macroecon book at last minutes on this Sunday night :''') ...and hiks.. may I add example for your macroecon book, Prof. Mankiw? Got short message that tomorrow syahdu morning on Monday will not be tainted by lectures, is one of perfect measure of well-being GDP doesn't measure.
-22.09 with pg. 505, Principles of Economics 6th ed, Mankiw.
1 comments:
this is a meaningfull theory
when you marry your secretary, GDP falls
hhhahhh
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