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Previous article FreeBack CoverFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreRotten Kid Theorem with Efficient Investment in Children“He [my father] used to give all four of us [those not living at home] a small allowance, just enough for us to live on. He was always very understanding and always helped us out of scrapes, for a long time even after we were adults. And he had very odd ideas, very French. He told us ‘All right, I’m going to give you what you want, but listen: there are six of you [in all]. Anything I give you while I’m alive I will deduct from your inheritance.’ So he kept a careful account of all the amounts, and when he died these amounts had been deducted from our inheritance. Not so stupid, actually, that idea: it helped us all manage.”Marcel Duchamp[From an edited version of “A Conversation with Marcel Duchamp,” television interview conducted by James Johnson Sweeney, former director of the Guggenheim Museum, for NBC, January 1956. The interview was filmed at the Philadelphia Museum of Art (available at https://youtu.be/DzwADsrOEJk). Michel Sanouillet and Elmer Peterson, eds., Salt Seller: The Writings of Marcel Duchamp (Marchand du Sel), New York, Oxford University Press, 1973, p. 129.]—Suggested by Julio J. Elias Previous article DetailsFiguresReferencesCited by Journal of Political Economy Volume 128, Number 10October 2020 Article DOIhttps://doi.org/10.1086/712200 Views: 204 © 2020 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.