The fact that there is no such thing as a perfect anti-sepsis does not mean that one might as well do brain surgery in a sewer.

The fact that there is no such thing as a perfect anti-sepsis does not mean that one might as well do brain surgery in a sewer.

The user of land should not be allowed to acquire rights of indefinite duration for single payments. For efficiency, for adequate revenue and for justice, every user of land should be required to make an annual payment to the local government equal to the current rental value of the land that he or she prevents others from using.

There is not some glorious theoretical synthesis of capitalism that you can write down in a book and follow. You have to grope your way

Everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.

Why does a public discussion of economic policy so often show the abysmal ignorance of the participants?

But part of the job of economics is weeding out errors. That is much harder than making them, but also more fun.