Tyler Cowen explains the bizarre effects of a Saudi ban on the sale of dogs and cats, in an effort to stop unwanted passes at women (by men walking their pets):
This is, of course, a net benefit for the offenders to date. The newly created artificial scarcity increases the conversation value of the already owned animals and also confers a positive wealth effect on the wrongdoers. Is it not better to stop xxxx by giving everyone a pet and thus eliminating its conversational value? By the way, if this edict is enforced, we can expect an increase in the pet birth rate and also a greater number of abandoned pets.
Update:
No Comment Received
Leave A Reply