Counterblast - Bloggsíða Willy Sutton
July 27, 2004
Thomas Sowell on non-economic values
One of the last refuges of someone whose pet project or theory has been exposed as economic nonsense is to say: "Economics is all very well, but there are also non-economic values to consider." Presumably, these are supposed to be higher and nobler concerns that soar above the level of crass materialism. Of course there are non-economic values. In fact, there are only non-economic values…. Economics does not say you should make the most money possible…. What lofty talk about "non-economic values" usually boils down to is that some people do not want their own particular values weighed against anything. - Thomas Sowell
- posted by William Sutton @ 22:14

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