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.
Tuesday, 30 July 2013
My latest blogpost: Tweet this! Posted by Lola at 09:16
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