Sumner’s One-Sentence Class Autobiography

Tuesday, July 21st, 2009

I wasn’t sure what Bryan Caplan meant when he said that he’d asked economists to share their class autobiographies, but Scott Sumner’s crystallized it for me:

At various times in my life I have been in all 5 quintiles of family income distribution, and yet I have always felt like I was in the same “class,” and I have never felt like my happiness had anything to do with how much income I was making.

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