4 ms·

Your claim that good economicts "know there is no free lunch" is completely false, unsubstantiated and actively misleading. Many impressive economists believe

Your claim that good economicts "know there is no free lunch" is completely false, unsubstantiated and actively misleading. Many impressive economists believe there are policies that could massively improve the worlds economy, but that implementating these policies is a coordination problem / hard to overcome lobbying / politically intractable, etc... Radical Markets is great book on exactly this topic.

tomhoward 2y ago
I’m just saying every perceived benefit has some kind of cost or perverse consequence, eventually. Please feel free to point to a specific example of a policy that has been successfully implemented that contradicts this principle.
nuancebydefault 2y ago
> coordination problem / hard to overcome lobbying / politically intractable, etc... So much for free lunch?