An economic thought experiment.

Scenario: You have six children. You plan to have at least one more child. You have eight more children instead.

Question: Given the above scenario, what is the marginal utility of having:

  1. One more child?
  2. Eight more children?

I’m really curious as to why the family isn’t already satisfied with the six children they already have. At the very least, I hope the family is rich and can provide a college education for all children, and the parents are loving people who know how to rear raise their kids according to sound principles founded on common sense.

About the author

Laremy Lee

A versatile educator, writer and editor, Laremy Lee (李庭辉) has the uncanny knack of being one of the few among his generation in Singapore who crafts compelling stories in different genres.

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