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All Quotes by author - Emily Oster

" Adhering to budgeting rules shouldn't trump good decision-making. "

Decision-Making

" All's fair in love and purchasing. "

" Almost every woman I have spoken to about pregnancy has a story about her doctor giving her a hard time about her weight. Later in my pregnancy it felt like all of my time with my doctor was focused on how fat I was getting - so fat! "

" As people do a task, they improve at it. "

" Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you want to maximise your happiness. "

" Being pregnant was a lot like being a child again. There was always someone telling you what to do. "

" Economics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring. "

" Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one. "

" 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. "

" Even if you are planning a birth with an epidural, the evidence suggests that a doula can help make things go much more smoothly. "

" 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. "

" 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. "

" 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. "

" For many women - myself included - pregnancy brings on tremendous anxiety and confusion, along with the joy. "

" Good household decision-making often relies on thinking about your household like a firm. "

" How much is an hour of your time worth? It's worth whatever wage you would get if you spent that hour working. If you work for an hourly rate, this is an easy calculation. Even if you work for a salary and a fixed number of hours, the principle is the same: It's whatever your salary works out to per hour. "

" I am extremely devoted to Amazon Prime - which offers speedier free deliveries, free movie streaming and other benefits for an annual fee - but I don't think it is great for groceries. "

" If everyone is good at something different, assigning chores is easy. If your partner is great at grocery shopping and you are great at the laundry, you're set. But this isn't always - or even usually - the case. "

" 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. "

" If you have a traditional view of economics, you're probably thinking of Ben Bernanke making Fed policy, or the guys creating financial derivatives at Goldman Sachs. "

" I had always been told that you shouldn't clean the litter box when you're pregnant, because of your cat. And I think that is overblown - unless you have, like, three kittens in your house that are living outside and eating raw meat, this shouldn't really be a significant source of concern. "

" In short, humans are programmed to get bored. "

" I tell my micro students everything I teach them is important, but the truth is that some things are more useful than others, and opportunity cost is near the top. "

" I think that there's a real sense in which pregnancy should be something that you do with your doctor, but I think that for a lot of women the time you have with your doctors is limited and it can be difficult to get all of the answers to your questions. "

" I think we've moved to thinking of parenting and pregnancy as something in which you should lose yourself. "

" I think women - relative to men - tend to feel that they have to do the household chores on top of everything else. This becomes even worse once you have kids. It's enough to have a full time job; a full time job plus a family is even more. "

" I travel a fair amount, read on the plane, and I read fast. "

" I've always loved doing research. I remember doing a research project on the Babylonian numeral system in the eighth grade and thinking, 'This is pretty awesome - is this really a job you can have?' This led me toward a career as an academic, although it took me until college to realise that economics was the right field. "

" Lovingly crafted and super-creative cupcakes are not exactly on tap in my household after a full day at work, and I do not blame my mother for a second that they were not on tap in hers, either. "

" Much of what I do in my job is think about whether relationships we see in data are causal, as opposed to just reflecting correlations. It's exactly these issues which come up in evaluating studies in public health. "

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