An economist explains his weight-loss plan.
How can economics help you loosing weight? Tuesday's, January 15, NPR's Talk of the Nation broadcast explained how. Specifically, Richard McKenzie an economics professor from UC-Irvine explained how he had entered into a contract with a friend to pay her $500 if he had not lost ten pounds after ten weeks. The broadcast was a follow up on McKenzie's recent article in the Wall Street Journal. The show was a lively discussion with the host and callers about dieting and economic principles.
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