Bourgeois IV: The Economics of difference
Economists Abhijit Banerjee and Esther Duflo studied the root causes of flawed decision making in their book Poor Economics. While much of the book is an applied economics redux of Ludwig von Mises’ more cerebral Human Action: A Treatise on Economics, there were several points that are particularly applicable in an examination on the difference between the … Continue reading Bourgeois IV: The Economics of difference