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

Suppose someone sits down where you are sitting right now and announces to me that he is Napoleon Bonaparte. The last thing I want to do with him is to get involved in a technical discussion of cavalry tactics at the Battle of Austerlitz. If I do that, I'm getting tacitly drawn into the game that he is Napoleon Bonaparte.

You can see the computer age everywhere but in the productivity statistics.

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.

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

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.

Computers show up everywhere except the growth statistics.