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« Did the stimulus create jobs? | Main | Sorry Jonathan Chait, but Labor is NOT Fungible; or Best Blog Comment I Read Today »


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Sometimes it's nice to revisit the classics in order to understand how ideas develop. Peter Bauer, for instance, defined development as roughly the increase in the range of effective choices, and his student Amartya Sen defined development as freedom. So, for some refreshing ideas, read Peter Bauer.

We cannot, at the same time, preach the principles of public choice and then wonder why low hanging fruit is not taken. The problem is not in the length of our arms. It is that there is no "we" or "our." Much of the problem is about distribution: the gainers of the status-quo are not willing to give up their position. Better communication of economics (which economics? -- it, too, is not homogeneous)may embarrrass the rulers and reveal their game. But then there is no shortage of status-quo apologists with economic arguments of one sort or another.

Consider France. The people are highly educated but good luck "educating" there.

Ideas are important but which ideas take hold and which do not is dependent on "interest" and not reason alone.

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