Although they may not explicitly acknowledge it -- even to themselves --
Friedman and his minions know intuitively that they are re-telling old folk
tales. Each time they retell these tales the audience nods appreciatively,
that's how it goes! that's how it goes! Neither the audience nor the
Tom Walker is telling the story of my life as a crank. Speaking of stories,
my 2002 essay in The Electricity Journal is titled "Economists'
Stories, and Culpability in Electric Deregulation."
The essay opens:
"The most powerful and committed proponents
of deregulation were
that Chicago
economists evoke when
they smirk after they give a simplistic answer. These smirks and giggles seem to say
look how clever I am
-- as with Sowell saying, .You see if you raise the price of labor you create
unemployment..
Have others encountered the Chicago smirk or is it just me
Michael Perelman wrote:
I suspect that the Sowell thread is exhausting itself into
repetition, but he did make me think about the
program that Doug did with Bhagwhati. Each time this renowned
economist gave a simplistic answer to Doug's
question, he would giggle.
I was kind in the editing, and
of feeling that Chicago
economists evoke when
they smirk after they give a simplistic answer. These smirks and giggles seem to say
look how clever I am
-- as with Sowell saying, .You see if you raise the price of labor you create
unemployment..
Have others encountered the Chicago smirk or is it just
