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The two things economists know are hilarious -- square "no free lunch" with "gains from trade." Do the gains from trade have a price? Who pays that? As for "in
by chrismealy 16y ago
The two things economists know are hilarious -- square "no free lunch" with "gains from trade." Do the gains from trade have a price? Who pays that?
As for "incentives matter," what, because incentives incentivize?
- duncanj 16y agoI feel like the two things economists need to know are: 1. You don't know what you're talking about. 2. You don't know it yet.