If you’re one of those economists who says “we can only talk about observable behavior,” check out Brokeback Mountain: One minute of sex, two hours of yearning.
Jan 27 2006
From my latest essay. In 1968, Milton Friedman was on the fringe of respectability. His Presidential Address to the American Economic Association in 1967 could not have been more defiant of the conventional wisdom. At that time, economists thought that the economy could be "fine tuned" by government to achieve any des...
Jan 26 2006
Are you puzzled by the appeal of the late Murray Rothbard? Try his newly available lectures on The History of Thought: From Marx to Hayek. All libertarian prejudice aside, I don't think any thoughtful economist could deny that Rothbard exudes charisma and has a lot of interesting things to say. Whatever your views, ...
Jan 26 2006
If you're one of those economists who says "we can only talk about observable behavior," check out Brokeback Mountain: One minute of sex, two hours of yearning.
READER COMMENTS
Andy Wood
Jan 26 2006 at 11:56am
That’s obviously because the characters could only get sex at a very high price, but all the yearning they could possibly want for free.
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