A friend of mine has been organizing the event at Brookings today where Secretary Paulson was scheduled to speak. It’s obviously been a crazy week, and to top it off, he just cancelled. No time to talk while you’re saving the world… or watching helplessly as the economy collapses around you, as the case may [...]
Posts Tagged as ‘economics’
September 14, 2008
Invisible Hand/Magic Wand
I love that the economist in George Will’s parable about free markets (or at least the parable that he is quoting from someone else) is a woman. How very modern of him. Though it kind of has me picturing Adam Smith’s “Invisible Hand” as Cinderella’s Fairy Godmother. Doesn’t this sort of look like “spontaneous emergence [...]
