I am quoting from the attachment:
Do not let some notion of the "best" be the enemy of the
realizable "good" in public policy. It takes enough of our creative
imagination to figure out how to design good public policy in an
imperfect world, so we don't need to imagine what might be the "best"
polices if only we could assume moral and intellectual perfection among
humans.
This reminds me of the old admonition, "never let the perfect be the
enemy of the good."
-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf
Of Peter Boettke
Sent: Monday, October 29, 2001 1:11 PM
To: [EMAIL PROTECTED]
Subject: G., private property
Economics is a way of framing questions, it is not the answer to those
questions.
III. The Future and Its Enemies
Embracing Change; Change as 'Good'
Remember from lecture #1 the distinction between appreciative and formal
theory. Most economic analysis is not about change, but instead about
what happens when all that changing circumstances require have worked
themselves out. But the process of adjustment to changing circumstances
is where economic life is actually being lived out. So it makes sense
that our economics should be about change and the adjustment and
adaptations that change invokes.
