Arnold Kling  

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The San Francisco Chronicle reports,

Ray Ruiz of Sacramento will perform one of the dirtier jobs of parenthood: For $50 an hour plus travel costs, Ruiz will bring a chair, lights, chemicals and combs to your house to pick the lice out of a child's hair while he or she watches cartoons and tries not to fidget.

Read the whole article. And read Russ Roberts' commentary.
If you'd prefer something more suitable to an academic economist, then perhaps this Wall Street Journal story is more up your alley.

A person familiar with the matter says Yahoo aims to build a team of more than a dozen economists. In the past year, the company has snagged leading talents in microeconomics, Web search and artificial intelligence...

Until now, university economists typically have had to rely on limited sets of historical data to test their theories. At Yahoo, they can tweak market conditions and watch what happens to the company's roughly 500 million monthly visitors. The result is faster, and probably more useful than traditional methods such as surveys.

Thanks to Tyler Cowen for the pointer.

Comments and Sharing

CATEGORIES: Business Economics

COMMENTS (4 to date)
Knollen Nleya writes:

This article is very interesting and troubling at the same time. I think it is interesting to find out how many different child experts they are. Which i guess is good for the economy because it creates job opportunities, but at the same time is troubling to see how parents are becoming more detached from their own kids. Parents miss out on their bondage with their kids when they give motherly or fatherly responsiblities to someone else. And this takes away wonderful memories that kids would have with their parents at that age.

Matt writes:

What kind of job security does some economist have with Yahoo, built on a technology that is freely available and that anyone can deploy.

In fact, are there real jobs that economists do? Other than bank clerk?

(-_-) writes:

Some economists are employed as market forecasters.

wcutrackboy05 writes:

I must say that I found this article to be very interesting. But think about the limitations the guy would have on his-self. Is it really worth it? What about family??


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