Golden Retrievers & Economists
Every time I start to think our family Golden Retriever, Raffy, is an actual person, he reliably does something to remind us that he’s . . . very much not.
Like catch (and eat) a frog he found in our backyard, or — more horrifyingly the other week — killing a baby bunny rabbit (Raffy was actually quite proud of that accomplishment — and completely oblivious to his blood-streaked muzzle).
Somewhat similarly, every time I think economists are, umm, normal people . . . they do something like refer to clean air and water as “un-priced shared goods.”
As opposed to, say, “the key(s) to life on earth,” or “the essential building blocks for human civilization.” 🙂
See, “Silicon Valley Needs Regulation“; The NYT (9/11/2018).