Skip to content
Jan 20 / Jonathan

An Economist’s Mea Culpa

Uwe Reinhardt

An Economist’s Mea Culpa

If, like every university, the American Economic Association had a coat of arms, its obligatory Latin banner might read: “Est, ergo optimum est, dummodo ne gubernatio civitatis implicatur.” (“It exists, therefore it must be optimal, provided that government has not been involved.”)

Leave a Comment