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The economics of love

Actor, comedian and some-time eyedrop commercial maker Ben Stein, who once offered America the chance to win his money, has written a funny and telling article over at the New York Times. Most of us know by now the man who is most famous for asking over and over again, "Bueller?" is an economics genius, but did you hear what he has to say about love? Well, according to Mr. Stein, there is an economics to love, too.

Take for example what he says about junk bonds: "High-quality bonds consistently yield more return than junk, and so it is with high-quality love." I think we can all agree we've had that junk bond love experience and Ben perhaps knows what he's talking about. They're great for the short term, but they won't--and don't--last. Stein likens this to dating someone with a ton of problems and thinking you can change that person. Of course, he also notes that it's impossible to do that unless you control the market.

Stein also said something that is sure to stick, at least with me. That is that one should "fall in love in haste and depart at leisure." This means that once you've found a winner, whether in love or in a stock, that you stick with it. Commitment is everything, as is nurturing. This is true of love of and for adults, but I would bet the same is true of parenting. Fall in love with your spouse, fall in love with your children, and do everything you can to stay in love with them. Good advice? I'd say so--and take that payout to the bank.

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