Saturday, January 28, 2006

This Little Piggy: An Economic Parable?

We're up for our (tonight only!) mid-night feeding (it is 4:00 am central time - he slept for 7 hours straight last night!) and I am playing "this little piggy" with him to get him to wake up enough to drink his bottle.

The first two toes describe Gary Becker's theory of the household with the big toe symbolizing the "man" going to market or entering the for-wage workforce while the second, smaller, less useful and more frail (in Becker's perception) is better suited to the household ("this little piggy stays home").

The second two toes give us a Marxist bourgeoise/proletariate tension with one toe getting roast beef, while the other has none.

The last little piggy leaves me stumped. Why did it "WEEE WEEE WEEE" all the way home?

Is it just in reaction to the dismal science? Or is it more a Darwinian, survival of the fittest sort of fable?

2 comments:

The Lost Camel said...

The last little piggy who went "WEEE WEEE WEEE" all the way home represents adult children who reluctantly return to their parent's homes because unfair trade practices caused them to lose their jobs.

giddings said...

Ohhhhhh, Lost Camel. . . . Taggert over at A Random Walk's gonna have a field day with that comment. . .