Understanding economics, says Scott Adams, is like having a mild superpower. I'm pretty fond of economics. But I'm not sure I wouldn't rather be able to fly or shoot flames out of my hands.
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Super homo economicus
02 Oct 2007 04:27 pm
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Comments (4)
It can be dangerous to assume that government runs like a business, as Adams does.
And if you do want to fly, Megan, check out Southwest. They're wonderful. ;-)
Hmm. That's almost as impressive as the superpower of irritating your friends with an innate sense of self-assuredness, deconstructing all arguments about everything from the supply of lettuce to marriage proposals into an IS-LM graph, and never ever getting invited to dinner parties. m
Well, on the plus side of Stephen's critique, you get to be in some pretty good company
http://www.freetochoose.net/article_1.html

After reading his example, how to avoid speeding tickets, I don't really understand how you need knowledge of economics to arrive at his conclusions (which are flawed anyway, so...maybe you do need to think like an economist to arrive at them ;)).
Posted by musa | October 2, 2007 5:09 PM