28 Aug 2006
Economics = absurdity
The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me to the railway station?" asks the stranger. "Certainly," says the local, pointing in the opposite direction, towards the post office, "and would you post this letter for me on your way?" "Certainly," says the stranger, resolving to open it to see if it contains anything worth stealing. --Linda McQuaig, All You Can Eat
Subscribe to:
Post Comments (Atom)
-
Canvassing in Brighton back in 2017 to support Green Party MP Caroline Lucas’s re-election efforts, I knocked on a door and came acros... -
Derek Wall ’s article entitled Imperialism Is the Arsonist: Marxism’s Contribution to Ecological Literatures and Struggles , argues that Ma...
-
Sat at a computer in the library, I am aware that the woman looking at the screen next to me is becoming increasingly agitated. ...
No comments:
Post a Comment