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" 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. "
Emily Oster
Important
Opportunity
Truth
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" Good household decision-making often relies on thinking about your household like a firm. "
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" You work hard for your income, and that hard work is what fuels the economy. "
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" My first summer in college I worked in a fruit fly lab where I had two jobs: dissect the fruit fly larvae brains and incinerate the old tubes of flies. "
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" 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. "
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" 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. "
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" Even if you are planning a birth with an epidural, the evidence suggests that a doula can help make things go much more smoothly. "
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" For many women - myself included - pregnancy brings on tremendous anxiety and confusion, along with the joy. "
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" 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. "
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" The biggest food-related risk in pregnancy is listeria. It's a dangerous bacteria, to which pregnant women are especially susceptible, that can lead to miscarriage or stillbirth. "
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" Nausea is a normal but unpleasant effect of pregnancy and a really good sign that it is going well. Women who experience nausea in early pregnancy are less likely to miscarry. "
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" 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. "
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" Young women who live in areas with high maternal mortality change their behavior less in response to HIV than young women who live in areas with low maternal mortality. "
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" One of the big take-aways from a lot of economic theory is that people should engage in consumption smoothing. "
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" There is some risk to increase birth defects if you do a lot of outdoor gardening when you are pregnant. That can increase rates of toxoplasmosis. "
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" 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. "
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" The value of having numbers - data - is that they aren't subject to someone else's interpretation. They are just the numbers. You can decide what they mean for you. "
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" 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. "
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" Prenatal testing is a complicated decision for many women, forcing us to confront concerns about a disabled child and risks of miscarriage. "
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" All's fair in love and purchasing. "
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" 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. "
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" As people do a task, they improve at it. "
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" 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. "
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" The enjoyment of work - to the extent that you have any - is likely highest in the first hours of the day when you are fresh, not tired, working on the most important things. "
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" 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! "
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" The main concern with a very large baby is difficulty in delivery. "
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" The claim that SpongeBob makes your child dumber is a causal claim. If you do X, Y will happen. To prove that, you'd have to show that if you forced the children in the no-TV households to watch SpongeBob and changed nothing else about their lives, they would do worse in school. "
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" When I meet people on airplanes and they find out I'm an economist, they usually ask about stock tips. "
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" Being pregnant was a lot like being a child again. There was always someone telling you what to do. "
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" The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day. "
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" In short, humans are programmed to get bored. "
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Get
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