My son Tristan recently quoted this passage from Thomas Macaulay's "Southey's Colloquies on Society" - and I instantly realized that telling people to stop thinking like a tourist goes back over a century: Mr. Southey has found out a way, he tells us, in which the effects of manufactures and agriculture may be compared. And what is this way? To stand on a hill, to look at a cottage and a factory, and to see which is the prettier. Comments and Sharing
Bryan Caplan considers the following as important: Behavioral Economics and Rationality
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