You should be glad I think your hair is too short. Given that hair grows, if it were not now too short, it would too soon be too long. Think of it in terms of an S-S model. About half of the time your hair should be too short.
Five points extra credit if you realize that same reasoning means wage and price stickiness may not be as big as problem as we used to think.















I’m not sure “Claims my Russian Wife Laughs At” is the right title. Maybe, “Things I say to lose points with my Russian wife”? Or, “Academic Honesty Trumps Marriage Again”?
Jüri Saar: “Menu Costs and the Neutrality of Money”
Ah, for once I beat MR to something. I posted on the economics of hair length a couple of years ago:
http://agoraphilia.blogspot.com/2004/09/optimal-haircuts.html
Hair length can have mulitple peaks. Especially true for men.
‘…many people like their hair length within a range, and always keep their hair inside that range – never too short and never too long.’
Right. Politicians and TV personalities who need to maintain the same look all the time, for instance. Ronald Reagan got his hair cut every week.
It really depends on whether there is an ideal precise length (54.72 mm) or whether there is an ideal range (between 50 and 60 mm).
If you have an ideal range then your hair never need be other than the right length, it is only if you have a precise length that you have the always too short or too long problem.
What if you got a haircut every day/week though and it was always at, or very very near, optimum length?
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