Thursday, August 11, 2011

Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Milton Friedman

Contrary to Friedman, I believe that most of the mistakes in economics come from the opposite, from thinking that there is no fixed pie. We live in a world full of fixed pies.

This blog will look at examples and ideas in economics, development and the environment, and where the three mix.

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