Would love you to discuss economic outcomes with the President of the Teamsters. Seems very Hobbesian to me. If people define the good for themselves, how do we reconcile competing goods? Who gets to manage the value trade offs?
I love the reference to A. Smith in the Bloomberg piece. I'd have loved a shout out to the marginalists for solving the diamond-water paradox, but I realize a Bloomberg column does not have abundant space.
The problem of abundance is entitlement.
Would love you to discuss economic outcomes with the President of the Teamsters. Seems very Hobbesian to me. If people define the good for themselves, how do we reconcile competing goods? Who gets to manage the value trade offs?
I love the reference to A. Smith in the Bloomberg piece. I'd have loved a shout out to the marginalists for solving the diamond-water paradox, but I realize a Bloomberg column does not have abundant space.