Early in my study of economics in the 1990s, I came across Tibor Scitovsky’s 1976 book “The Joyless Economy: an inquiry into human satisfaction and consumer dissatisfaction.” Reading it, I realized that I was in the presence of a kindred spirit. I read that book with delight and an increasing understanding of what economics was all about. It was about humans and how they attempt to satisfy their innate drives, most of which derive from their biology and their evolutionary history as primates. Though I lived only a few miles from him (he lived in Stanford), I did not know it then and therefore never attempted to meet him. I later got to know that I also shared my birthday with him. Here’s how.
Continue reading “Happy Birthday, Tibor Scitovsky”
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Atanu Dey : Life is a Random Draw 