Economist

The son of one of the world’s most influential and talented economists is obviously a total geek. How wonderful.

Oh, and get this blog comment and response.

Update 16:58: Then, of course, you read this.

Why don’t economists get any respect?

A post on the Economist’s Free Exchange blog - about Adam Smith’s house in Edinburgh going on sale - reminded me of a childhood fantasy, and caused me to think how it could be brought up to date.

Adam Smith (and many other free-marketers since) have had a lot to say about the ingenuity of the human spirit and the market’s ability to do a better job of enriching humans than central planning. Nevertheless, I sometimes still wonder about the extent to which new ideas are sometimes missed, even in strong market arenas, because existing ones are taken for granted.