Epstein Secrets

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ition: Date: 08/10/2019 Date: 08/10/2019 Tel: Time: 07:25 Time: 07:36 Name Date Time Activity • • • , Kathleen i 08/10/2019 08:46 Assigned Schultz, Nicholas 08/10/2019 09:63 Additional Investigator Pitters, Sheri! 08110/2019 10:04 Accepted Pitters, Sheril 08/10/2019 10:04 ME Case Czvekus, R

got standard royalties from sales, not amounting to much, and they got the rest. Six published pieces by age 31 would not have impressed Mozart or Schubert. By lesser standards, it was a pretty good start. There are distinguished composers who have never found a publisher. Tomorrow the world! I would wri

zero just as buildings do. Yoram Ben-Porath combined these ideas and more in a masterly life- cycle model published in 1967. We'll get to it soon. Schultz called the part of consumption exhausted in taste satisfaction “pure consumption”. The part invested in human capital was “pure investment”. I change

e idol in my pantheons in those three fields was born after 1900, although that could change in economics. My pantheon in music is Bach, Beethoven, Schubert, Wagner and Mahler. Mahler, the last-born, died in 1911 at 51. What about Mozart? Clearly colossal. Listen to the slow movements of almost any of his

Bawerk and the Austrian school are underrated. The pantheon might have room for him. Am I being too tough on later economists? We should not forget Schultz and Ben- Porath. Schultz’ greatest achievement, unless Mincer beat him, was in spotlighting human depreciation. That left me to ask where this huge f