A useful role exists for the economist is making calculations of the prospective costs and/or benefits of alternative policies. This role is precisely the one Keynes had in mind, I assume, when he expressed the hope that we would become useful after the fashion of dentists.


"The Effect of Government on Economic Efficiency." 1988


A useful role exists for the economist is making calculations of the prospective costs and/or benefits of alternative policies. This role is...

A useful role exists for the economist is making calculations of the prospective costs and/or benefits of alternative policies. This role is...

A useful role exists for the economist is making calculations of the prospective costs and/or benefits of alternative policies. This role is...

A useful role exists for the economist is making calculations of the prospective costs and/or benefits of alternative policies. This role is...