You’re only as old as you feel, so they tell me. But as an economist I rely on what the market is telling me, and the fact that 92% of the TV ads I see are for prescription drugs is an elegant summary of my place in the world; I’m seen as old, diseased and gullible. Of course, maybe I just don’t understand the other ads and my estimation process is skewed. Or maybe I’m just old, diseased and gullible. But permit me a few moments of old-guy lugubriousness and old-guy optimism before your next plate of wings.
Anyway, the Super Bowl today marks the death of another football season.