The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that he wants done.

But the trouble is that he [Alan Greenspan] had been an Ayn Rander. You can take the boy out of the cult but you can't take the cult out of the boy.

The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that he wants done.

Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.

Every good cause is worth some inefficiency.

Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes.

I don't care very much for the People Magazine approach to applied economics.