Relevant and even prescient commentary on news, politics and the economy.

Not So Dumb as Economists, Part 1

I was going to point out that finance people are not so dumb as economists,* but Echidne’s takedown of Gary Becker is so divine it deserves your attention more: This argument was initially made by Gary Becker, an economist, a very long time ago.** It is not an uncommon argument from conservatives (or from certain […]