Quote of the day: Band aid vs Core solutions
I agree with this quote 100%:
There is often a discussion about the great divides in economics – Neoclassical vs. Keynesian, Freshwater vs. Saltwater, Left-Wing vs. Right Wing, Top-Down vs. Bottom-Up, Elites vs. Populists, etc. Another one should be between economists who feel the way to counter the distortions caused by 34 different government policies is to created a 35th policy and those who believe in countering root causes and would like to avoid Rube Goldberg-type policy structures. I said ‘should be’, because there are so few of the latter kind of economists out there. We could hold our meetings in a phone booth.
Very good quote.
Just point me to that phone booth. 😀