The Remnant with Jonah Goldberg cover image

Free to Choose

The Remnant with Jonah Goldberg

CHAPTER

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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