gwern comments on Open Thread, January 15-31, 2012

[gwern]

Every time I read Moldbug’s stuff I am startled by the extent to which he tries to give an economic analysis and solution to a political problem.

Abba Lerner, “The Economics and Politics of Consumer Sovereignty” (1972):

“An economic transaction is a solved political problem… Economics has gained the title Queen of the Social Sciences by choosing solved political problems as its domain.”