Skip to content. | Skip to navigation

Personal tools
Sections

Text Commentary

Incentives in "Theo's Economic Lesson" - The Cosby Show
by Dirk Mateer `

Cliff is upset that his son doesn't want to go to college. He uses monopoly money to show him how life's expenses add up. Like most teenagers his son doesn't have a good understanding of what it takes to be able to afford things. Cliffs lesson includes taxes, rent, food, clothes, and the cost of a girlfriend. After he is done, the money his son thought would be enough, is clearly insufficient. This is a fantastic scene involving trade-offs, investments in human capital (good grades), and costs of attain what you want.

This Commentary is related to the following Clips:
Incentives in "Theo's Economic Lesson" - The Cosby Show by Created by Ed. Weinberger, Michael Leeson, Bill Cosby, Directed by Jay Sandrich (1984) Cliff is upset that his son doesn't want to go to college.