Wednesday, October 22, 2008

The decreasing returns to travelling

Jackie Lee is a traveller. While in Europe for his master’s degree, he flew to all easyjet destinations from Geneva. When in Bergen, enjoying the view of the amazing fjord and the UNESCO World Heritage city, he noted: “I don’t get impressed anymore by these things that are supposed to be gorgeous. I travelled too much”.
There are indeed decreasing returns to travelling, at least for some of us. Here's a way to grow old and keep on having fun travelling. It's all about technological progress in the pleasure production function.

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