[ExI] Limits of human modification

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Sun Nov 29 00:47:58 UTC 2015


On Sat, Nov 28, 2015 at 7:12 PM, Dan TheBookMan <danust2012 at gmail.com> wrote:

> It seems to me that Chris meant that economics tends to NOT support 'wishful
> thinking.' Hence the 'dismal science' epithet. It's dismal because people
> who want a social policy (e.g., minimum wage laws, trade restrictions, price
> floors and ceilings, subsidies to favored industries or groups) to overcome
> some problem find no encouragement from sound economic theory.
>

### Indeed, this is the case. Most US economists are leftists, yet
among leftists, economists are still the least likely to e.g. oppose
trade or support central economic planning. As you said, they find no
encouragement for their natural proclivities in the science they
study.

Rafał




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