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AFTER DAYS OF speculation in the UK and Irish media, it now appears reports of Page 3′s demise have been greatly exaggerated. The Sun’s reported scrapping of the feature was nothing more than a publicity stunt.
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Economics is not about money, but about organising the society’s resources in such a way that they will bring the most benefit. Regulation and competition policy exists to protect consumers and nurture competition.
they gave one of those to Krugman who proposed that the US inflate the housing market after the 2000 downturn. How did that one work out? Economics is as much a moral “science” as anything else and the excessive modelling that has taken hold of economics just gives it the veneer of respectability.
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