AaronclazarNov 17, 2024
Public misery, never higher or more prevalent. I think it’s peaked and it will be receding. There will still be problems and plenty of misery - but the public performance of misery has outlived its use. #publicmisery #misery #performedmisery
Show threadbs2Apr 26, 2022
> .. The "invisible foot" ensures us that in a free-market ... economy each person pursuing only his own good will automatically, and most efficiently, do his part in maximizing the general public misery.
https://zcomm.org/wp-content/uploads/zbooks/www/books/3/3.htm#3.2.1
#InvisibleFoot #PublicMisery #FreeMarkets #RobertDArge #EKHunt
Chapter 3 - externalities and Public Goods

criticism of the traditional treatment of externalities and public goods and the exciting literature on