Purchase of the (yester)day.

"Naked Economics: Undressing the Dismal Science" (Fully Revised and Updated) [Paperback] Charles Wheelan (Author), Burton G. Malkiel (Foreword) (Amazon Associates earnings to the blog: $0.91). Thank you, each of the 58 anonymous naked persons, who used the Althouse Amazon portal, adding exactly $0.00 to your own purchase price while once again sending the clear unmistakable message that you enjoy, relish, adore, and treasure the blogger's bloggy blogging as only she can blog.

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"Weird things happen when you take price out of the equation for consumers. For one thing, they stop looking for the best price."

Yes. Obvious. I know. But this is NPR talking, which is what struck me.

(The topic is the breast pumps that must be paid for by health insurance companies under Obamacare.)

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"More than 280,000 units — nearly half of Manhattan’s apartment stock — is rent-regulated in some fashion."

"These apartments are either godsends to those who occupy them, or daggers that twist in the hearts of everyone else, left to pay market rate or compete for the borough’s remaining vacancies — 2.8 percent of the housing stock, as measured in 2011."

From an article about what counts as "middle class" in Manhattan. It's not so much an amount of money you need to make as it is when you got into the real estate market.

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"Men try harder, because they know that women want men who earn more."

"Women don’t because they know that men have different priorities, and because they want to quit the rat-race at some point and have kids, making their tolerance for high debt levels rationally lower."

Says Glenn Reynolds, reacting to this Inside the Law School Scam post about how law school — with its high tuition and iffy job market — is a worse deal for women than for men.

This is getting strangely close to the argument that used to be made for discriminating against women in law school admissions (or for excluding them altogether): Since women are less likely to fully use their legal education, we shouldn't give what could be a man's seat to a woman. Women were suspected of going to law school for ulterior reasons, such as to find a good husband or — crazy ladies! — because they are interested in the topic... intellectually.

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"More NYU and Columbia female students or 'sugar babies' are seeking 'sugar daddies' to pay for rising school costs."

"SeekingArrangement.com says NYU was the top school for new sign ups — Columbia is the only Ivy league school to make site's Top 20."

If you'd like all the satisfaction of sending a daughter to college, without that pesky incest taboo, there is a solution for you.

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"Study says homeless facilities may increase the value of nearby property."

May... meaning it probably increases the value of the property over there where we'd like to site the facility but not over here where I live.

The study, released in 2008, compared home sale prices before and after the development of Project H.O.M.E. housing facilities and controlled for many other factors that could affect home values, said [Kevin] Gillen, an economist and senior research consultant at the Fels Institute of Government at the University of Pennsylvania....

"These properties were overwhelmingly in distressed neighborhoods. If you were to do the same thing in affluent neighborhoods, it may not bring the same result. But given the choice living next door to a well-maintained homeless facility and a vacant abandoned building, you’ll take the homeless facility," he said.

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Boehner: "At one point several weeks ago... the president said to me, 'We don't have a spending problem.' "

"They blame all of the fiscal woes on our health-care system."

Boehner's repeated response to that was: "Clearly we have a health-care problem, which is about to get worse with ObamaCare. But, Mr. President, we have a very serious spending problem."

[T]oward the end of the negotiations, the president became irritated and said: "I'm getting tired of hearing you say that."

And then there's Harry Reid:

"Those days after Christmas," [Boehner] explains, "I was in Ohio, and Harry's on the Senate floor calling me a dictator and all kinds of nasty things. You know, I don't lose my temper. I never do. But I was shocked at what Harry was saying about me. I came back to town. Saw Harry at the White House. And that was when that was said," he says, referring to a pointed "go [blank] yourself" addressed to Mr. Reid.

It's best, by the way, if you're going to say "Go fuck yourself" never to say it in anger.

There's lots more in that article (in the Wall Street Journal). I was interested in this little bit at the end:

[Boehner] sees debt as almost a moral failing, noting that when he grew up in a "little middle-class, blue-collar neighborhood" outside of Cincinnati, "nobody had debt. It was unheard of. I just don't do debt."

If he's not bullshitting, he's revealing a shocking lack of sophistication. Should families pay rent on apartments until they can put down the entire purchase price of a house? Should businesses expand only through the cash they have on hand? But it's the WSJ that inserts the phrase "almost a moral failing," so I shouldn't read too much into Boehner's simple-Cincinnati-guy posing. He didn't say debt is immoral. Only that he comes from a background where the norm was to follow a budget and pay your bills. How sophisticated is he now about the good use of debt as opposed to the bad? Who knows?

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"The breast pump industry is booming, thanks to Obamacare."

"Tucked within the Affordable Care Act is a provision requiring insurance companies to cover 'the costs of renting breastfeeding equipment'..."

“The law states that we must provide rental pumps,” said UnitedHealthcare spokesman Matthew Stearns. “These pumps are hospital-grade, and they are larger, harder to clean and more expensive than personalized pumps for women. We are providing women the option of getting a personal pump in lieu of renting the more-expensive pump.”

People will do what is incentivized. If breastfeeding is — as we've been told — extremely beneficial to the new baby (and the old baby?), then we ought to want to encourage women to do it. We can't force them to do it, but what we can do is make it easier. I'm very interested in the way the health-care law is going to be a mechanism for manipulating human behavior. By requiring the offering of something that feels like a gift, the government manages the moods of women who would be outraged — rightly outraged — to be told they must breastfeed.

Let's say, now that we're all becoming so involved in the overall economics of healthcare, that we wanted to boost the health of the babies in the insurance pool by making every mother breastfeed (unless she can't and gets a doctor's excuse note). You couldn't simple mandate breastfeeding, because it's too intimately concerned with the woman's body. You'd be violating her rights, but you wouldn't even reach that legal question, because it would be too politically ugly to go there. How about imposing higher health-care premiums for women who have babies, then choose not to breastfeed? That's also unpleasant. And how would you spy on women to check what they were doing? You could slap some big tax on baby formula, but that punishes even the women who can't breastfeed, and it nudges people to buy some alternative product — milk being an obvious substitution.

So make the pumps free so the manipulation feels good.

And here's a business sector that will do fabulously well: the pump-makers. The politicians score triply: 1. Female service to baby health is harnessed, 2. Women feel happy about getting things, and 3. A business booms.

ADDED: Times have really changed:

I remember in the early 70s, Ms. Magazine, in its early days, constantly attacked La Leche League, a pro-breastfeeding group. It was considered anti-feminist at the time to encourage women to breastfeed. Breastfeeding promoters had an ulterior motive (according to Ms.): keeping women at home.

The pump is a device to obscure this criticism. It represents a weird kind of freedom. This human organism needs your body, frequently, but you can get your distance if you attach yourself, diligently and efficiently, to the electrical suction machine. The aesthetics of breastfeeding are radically transformed. The leisure and the ease of natural breastfeeding while tending to various household tasks are superseded by a busy schedule stacked with duties — going to work, getting through work while slotting in the regular suctioning of the mammaries, getting home, taking care of all the same household tasks, and slotting in some time to bond with the child. Was this worth it? Hey, don't be glum. Here's a present for you: A milk-extraction machine. Happy?

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