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David R. Henderson  
PERMANENT LINK | JANUARY 30, 2013

Economics Quote of the Week

David Henderson
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Seattle Gun Buyback Backfires... The Problem of Political Au...

Although the week is half over, I bet this one will beat all comers.

David Friedman, after analyzing queues and time lost to government bureaucracy in Britain while he was traveling, had an anonymous commenter who said:

No offence, but I think that you need to get out a bit more. Too much analysing, not enough enjoying.

A minute later, David responded:
I enjoy analyzing.

Touche, David.

Why do I call this an economics quote? David is illustrating Pillar #7 of The Ten Pillars of Economic Wisdom: The value of a good or a service is subjective.


Comments and Sharing


CATEGORIES: Cost-benefit Analysis , Economic Education



COMMENTS (3 to date)
Liam McDonald writes:

David,

Is the Joy of Freedom out in kindle edition yet? I can't get it in this part of the world.

Posted January 30, 2013 11:54 PM
Ken B writes:

Oh no! Aside from what happened to Bob Murphy I can tell this sucker bet is an example of a general rule: Don't bet against David Henderson.

Unless of course you enjoy losing ...

Posted January 31, 2013 1:15 PM
David Henderson Author Profile Page writes:

Sorry, Liam. Not yet.

Posted January 31, 2013 2:06 PM
Comments for this entry have been closed
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