The first iron law of economics is that we live in a world of scarcity. Because of this, economics puts constraints on our utopias. Rinse and repeat. This is how we discern between good and disastrous policies. Continue Reading…

The first iron law of economics is that we live in a world of scarcity. Because of this, economics puts constraints on our utopias. Rinse and repeat. This is how we discern between good and disastrous policies. Continue Reading…