Fri, 01 Dec 2006

Shooting the Messenger

Surely you've noticed the ill repute in which economists are held compared to, say, physicists, or rocket scientists. I think that part of the reason why is integral to the study of economics. Economists make one very reasonable assumption: that people want more than they can have. Because people really do want more than they can have, they find it galling that economists constantly remind them of that.

..... and a pony.

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