Tags » Coase
Unlearning Economics has put together a collection of brief quotations of famous economists attacking their own subject matter. I’m only going to share a few of them, but I thought I’d take this opportunity to address two of the most common responses I get when I offer up critiques of neoclassical economic theory. 354 more words
99 more words
All solutions have costs, and there is no reason to suppose that governmental regulation is called for simply because the problem is not well handled by the market or the firm.
Prof David Campbell
Even those, like myself, who in principle support the culling of wild animals in support of improving the welfare of livestock will be, as I have been, reduced to despair by the DEFRA Independent Expert Panel’s evaluation of the pilot badger culls in parts of Gloucestershire and Somerset which was published last month. 1,942 more words