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by mschuster91 1270 days ago
> The most conservative of economists understand the concept of externalities.

Even conservative economists (and for that matter, also other experts) usually aren't dumb, but I've never seen one of them act on their knowledge appropriately. They all prioritize their ideology and their donors, some of them even refuse to listen to science and facts when people die by the masses.

2 comments

> I've never seen one of them act on their knowledge appropriately

Milton Friedman

You are confusing economists with politicians. I can point you to many conservative economists who recommend good policy - whether or not that is implemented is a different story. Economists are advisors, not decision makers, in this context.