Edward Millner's blog. It contains links to articles for students taking Principles of Microeconomics and Managerial Economics. It also contains links to articles about politics. The opinions here are mine. No one at VCU reviews or approves what I post.
Sunday, December 6, 2020
Telling people how to use their capital is futile
Craig Smith summarizes the knowledge problem and the poor incentives in place when "statesmen" tell people how to use their assets (Cafe Hayak, Dec. 2020).
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