Optimality—The Mainstream Economist’s Holy Grail

Tag: Pareto optimality

Optimality—The Mainstream Economist’s Holy Grail »

Robert Higgs | Monday December 18, 2017 at 10:21 AM PDT | Comments Off on Optimality—The Mainstream Economist’s Holy Grail

In discussing the economy and especially economic policy, mainstream economists have been in love with optimality for a century or so.

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