For Wrong People to do the Right Thing

“We will not solve our problem by electing the right people. We will only solve our problem by making it politically profitable for the wrong people to do the right thing.” — Milton Friedman.

He was one of the greatest economists of the 20th century not just because of his academic contributions but also because he was tireless in his public outreach. Unlike his colleagues whom he greatly respected, such as Friedrich Hayek and James Buchanan (both amazing scholars) who did not address the general public, Friedman patiently explained economics to everyone who cared to ask him.

It is never too late to start learning from his books and lectures about how to think about public policy. Here’s an excerpt from one such Q&A session:
Continue reading “For Wrong People to do the Right Thing”

Course Update — How the World Works

The course How the World Works – An Introduction (click to open course blog) begins Jan 15th. All course materials will be posted there.

If you have emailed me and have not heard back from me, please email me again with your name, your time zone, and if you have finished college. Thanks.

Click to read the course announcement on this blog.

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