Wednesday, February 02, 2011

Ice Dams and Moral Hazard

Practical economic and home maintenance advice from Greg Mankiw:

With the tremendous amount of snow we have had lately, my roof has started to develop some ice dams.  So a little while ago, I climbed out onto the roof to shovel off as much snow as I could.  The conversation as I exited through the window went something like this:

My wife: Be careful.

Me: I will.

My wife: It’s slippery out there.  I don’t want you to fall.

Me: Well, remember that I have a lot of life insurance.

My wife: Ha. Ha.

Me: But I don’t have nearly as much disability insurance.  So if I do have an accident, make sure the fall kills me.

(1) Comments
Posted by Wendy at 1106 hrs
Culture + Economy

  1. that is a hilarious story.  what exactly is a ice dam? I am from california where it doesn’t snow at all

    Posted by breast augmentation on February 03, 2011 at 0019 hrs


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