Originally Posted by
Koyote
Yep, that's the one!
I like that quote because Econ is about (among other things) assessing trade-offs -- every benefit has a cost, every policy solution has a downside. Our job is to present policymakers with potential solutions and the costs of each one -- monetary and otherwise. It's not really our job to reach overarching conclusions or tell those policymakers what to do. That's why the view expressed by
jon c. a few posts back is pretty much irrelevant.
Charming in its quaint simplicity. Keep up the good work.