« The Battle of Ideas | Main | Modigliani-Cohn's Hypothesis that the Stock Market Is Confused Receives More Support »

July 04, 2005

Optimal Amounts of Foreign Travel

Alex Tabarrok heads for Machu Picchu:

Marginal Revolution: Lunch Matters: At lunch with Bryan and Tyler last week the question arose as to what we would do differently if we were immortal. After a nerdy discussion to clarify what sort of immorality we were talking about; the kind where you can't be killed but can be imprisoned or the kind where you are forever young but may be hit by a truck? (it was the former) - I answered that I would travel more.

Later the question was asked, what would you do differently if you found out you had only a short time to live. I answered again that I would travel more. Click, buzz, whirr...does not compute, does not compute. Even before Bryan or Tyler could point out the inconsistency I realized there was a problem. Given that I would travel more if I was to live either less or more the probability that I was at just that level of mortality that I should not be traveling now must be vanishingly small. >I leave for a solo trek to Machu Picchu July 25. Lunch matters.

Posted by DeLong at July 4, 2005 03:27 PM