The romantic vs. the rational economist

According to the late Ayatollah Khomeini, "economics is for donkeys." Though it grieves me to agree with the Supreme Ayatollah about anything, I have long, I confess, inclined to the same opinion. I don't know what provoked Khomeini's antipathy, but for me it was -- to take one example among many -- the smug deliverances of a distinguished economist, subsequently ... (Full article: 846 words)

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