Economists are always recommending the elimination of this or that market imperfection... no astrophysicist recommends the elimination of planets that he does not like.


Dangerous currents: the state of economics (ed. Vintage, 1984)


Economists are always recommending the elimination of this or that market imperfection... no astrophysicist recommends the elimination of planets...

Economists are always recommending the elimination of this or that market imperfection... no astrophysicist recommends the elimination of planets...

Economists are always recommending the elimination of this or that market imperfection... no astrophysicist recommends the elimination of planets...

Economists are always recommending the elimination of this or that market imperfection... no astrophysicist recommends the elimination of planets...