Keywords

Economist

The Economy

If you are feeling suicidal, would you write to a column entitled Dear Economist”? If the answer is yes, then I strongly suggest some major lifestyle changes. But, more to the point, you deserve what you get:

Presumably you are contemplating suicide for the usual reason: a net-present-value calculation suggests that the future benefits of living are outweighed by the future costs. You will have considered the low probability that you will ever love again, the disadvantages of your poor credit record, and the difficulty of securing a new job, especially if applying from no fixed abode. While this cost-benefit analysis may appear to be a rational approach, it neglects advances in the field of real option theory.

(Via Crooked Timber.)

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