High-income people spend a lot more than do average people on education and retirement savings. If we were trying to get clues about good gifts from what the rich do, then we should give people education and future consumption.
Joel WaldfogelAmerican economist |
Scroogenomics |
Details:Submitted by: bodr Time of publication: December 15, 2012 Length: 227 characters Favorited by: 0 member |