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… for the “rules of economics” not to apply!

How often have you heard things like, “during an emergency, the rules of economics don’t apply!”? Or, health care and the environment are too important for the rules of economics to apply. Economics just doesn’t belong here.

If only!

To suggest that the rules of economics do not apply means precisely that we do not have a problem! There is no scarcity, no tradeoffs, no hard choices.

What an amazing, heavenly world.

If only!

My sense is that is not what the “anti-economics” sentiment is capturing. If not, then what does that sentiment really mean?

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