Markets in Everything?
The Limits of Economics
Russ Roberts makes the keen observation that most of us do not run our families according to free market principles.
We don’t love “winners” more than “losers”—or if we do, we ought not admit it. We don’t allow the the first born to take advantage of the younger born. Parents don’t consciously run their families like VC funds, thinking, well, if this ki…
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