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We live in an age of “policy wonks” who judge [policy] programs by their effects on productivity, or output, or work effort. Wokian analysis uses the jargon of economics while ignoring its content. Economists view the wonks’ fixation on output as a bizarre and unhealthy obsession. Wonks want Americans to die rich; economists want Americans to die happy.
S. Landsburg, The Armchair Economist
Tags: Economia
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