Tag Archives: rich

@UnlearningEcon lamented the deviations-from-Pangloss framing of neoclassical economics. Normal economic theories take perfection (optimality) as a starting point and ask how real-world “market imperfections” differ from the putative abstract-free-market ideal. (That “the free market” is an abstract ideal can be verified … Continue reading

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Bob Kenny says [great wealth] isn’t always worthy of envy, and is certainly not worth sacrificing one’s life to attain. “If … people … know that getting the $20 million or $200 million won’t necessarily bring them all that they’d … Continue reading

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