Wednesday, January 23, 2013

the beauty of economics

Apparently it takes a rabbi to express the beauty of economics! This is completely wonderful:


Economics writers would do well to become less like dismal scientists and more like this guy. Almost no one emphasizes that economists are just as much seeking to maximize human well-being as anyone else, but the methods that they know will work are frustratingly passive and often counterintuitive.

(The skill of making economics inspirational is also one of the reasons I love David Brooks. Milton Friedman was also often excellent at it.)

[Stolen from MR]

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