A Thought Experiment

One difference between economists and others is that economists tend to be less impressed by motivation and more impressed by what people actually do. Economists are also less impressed by what people say than by what they do. So they are particularly unimpressed by people who profess to be motivated by the public good, for example. This is one reason some economists have little inherent sympathy for politicians–economists are not impressed by people who say they are working to serve the...

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Published on March 12, 2010 14:01
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