1.6. People sometimes use the expression, Kicking the can down the road. It refers to putting a...

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1.6. People sometimes use the expression, "Kicking the can down the road." It refers to putting a big decision off until later- it's almost (but not quite!) a synonym for procrastinating, and it's usually used in a negative sense. "Fred graduated and decided to spend a year waiting tables in New York. Grad school? He's kicking the can down the road on that one." What economic idea is equivalent to "kicking the can down the road," and how can it be a good thing?

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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