Shop Talk Among the Idiot Savants

Richard Serlin:

“You do see a lot of complaints from economists about economists [with a bachelors in math or physics, but] without bachelors in econ, not understanding intuitively much of the field.”

Serlin is a professor of finance at the U. of Arizona.

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[Legal positivism, act utilitarianism, and socialism] are false, not because of the values on which they are based, but because of a misconception of the forces which have made the Great Society and civilization possible. — F. A. Hayek

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