Economic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional French cooking does not use seaweed or raw fish, so neoclassical models do not make assumptions… — George Akerlof Copy Share Image
“By making the birth of the child the physical choice of the mother, the sexual revolution has made marriage and child support a social… — George Akerlof Copy Share Image
Economic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional… — George Akerlof Copy Share Image
Some time ago a little-known Scottish philosopher wrote a book on what makes nations succeed and what makes them fail. The Wealth of Nations… — George Akerlof Copy Share Image
