Sublime

Premièrement, changer le but.

most of these developments fall on the left side of the political spectrum. That is because they gradually redistribute wealth from the rich to everybody else.

Good policy uses incentives to channel behavior toward some desired outcome. Bad policy either ignores incentives, or fails to anticipate how rational individuals might change their behavior to avoid being penalized.

bevy

have spread the idea that people must be helped, but only in market-friendly ways that do not upset fundamental power equations.

Can democracy, the free market and human rights survive this flood?

For what is the use of new knowledge if it doesn’t lead to novel behaviours? Alas, once people change the way they behave, the economic theories become obsolete.

substitute for and a means of avoiding the necessity of a more just and equitable system and a fairer distribution of power. —