We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Samizdata quote of the day – macroeconomic management doesn’t work

Macroeconomic management doesn’t work because the data available to do detailed macroeconomic management is shit. Therefore let’s not try doing detailed macroeconomic management. Get the basics right, the incentives, markets, then leave be.

Of course, this then leaves a paucity of jobs for economists but then as I’m not one of them why would I give that proverbial?

Tim Worstall