Free to Choose
The Remnant with Jonah Goldberg
00:00
The Problem With Economics
Economics is about optimization under constraints, doing the best you can given that you can't have everything you want. A good economist understands that, but a bad economist doesn't an and a person who's not an economist doesn't if they start using that mind set for thinking about how to get most out of life. The whole idea, and i said this in my adam smith book, i preached the virtues of this mi istead of getting most out ofLife. That's all i'm really saying: If you think of life as a calculus, how do I get the most out of it? You're going to inherit some problems from your parents' generation which will be hard
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