In regards to BobE's post, this is the last paragraph in the article by Alex Andreou to which he links:
There is an old joke that goes: how many economists does it take to change a lightbulb? None. If the lightbulb needs changing, market forces will do it. We have given this idea its chance, for more than a century. We are still sitting in a dark room. Maybe all we need is one good electrician.
Well, duh. Clearly the market has worked and created electricians.
When science is irrelevant
3 hours ago
0 comments:
Post a Comment