Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.
Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary. - Steven Landsburg
- Steven Landsburg
It is something of a miracle that individual selfish decisions (in a market economy) must lead to a collectively efficient outcome. - Steven Landsburg
It is something of a miracle that individual selfish decisions (in a market economy) must lead to a collectively efficient outcome.
A well-known mathematician once told me that the great thing about liking both math and sex was that he could do either one while thinking about the … - Steven Landsburg
A well-known mathematician once told me that the great thing about liking both math and sex was that he could do either one while thinking about the …
Economic policies command bipartisan support only when they're incoherent. - Steven Landsburg
Economic policies command bipartisan support only when they're incoherent.
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