October 13, 2006

Real Economists

I've made it clear on occasion, while commenting on economic issues, that I have not studied the dismal science, but base my opinions on my observations while participating in the economy. I am therefore flattered to learn that Russell Roberts, PhD, Professor of Economics Communication at George Mason University, considers me to be a Real Economist.

I believe, based upon my real-world observations that:
1. Demand slopes downward--people do less of something when it gets more expensive
2. Prices respond to market forces
3. Motives and intentions do not matter. Results and actions do.

Posted by triticale at October 13, 2006 09:39 AM | TrackBack
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