An Economist’s Mea Culpa – Economix Blog – NYTimes.com

January 9, 2009, 6:00 am

An Economist’s Mea Culpa

By Uwe E. Reinhardt

Uwe E. Reinhardt is an economist at Princeton.

Update | 3:19 p.m.

If, like every university, the American Economic Association had a coat of arms, its obligatory Latin banner might read: “Est, ergo optimum est, dummodo ne gubernatio civitatis implicatur.” (“It exists, therefore it must be optimal, provided that government has not been involved.”)

via An Economist’s Mea Culpa – Economix Blog – NYTimes.com.

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