Sunday, December 9, 2012

New Deal democrat— A thought for Sunday: PEOPLE WILL DIE

If you make the simple, straightforward, and eminently reasonable assumption that people prefer to live rather than die, then the economic situation which saves lives is always an efficient, Pareto-optimal solution.
You'll never hear that simple fact pointed out no matter how far you go in your academic economic training.
The Bonddad Blog
A thought for Sunday: PEOPLE WILL DIE
New Deal democrat

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