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April 17, 2008
Check Out The Perfect Substitute
Although the blog The Perfect Substitute has been mentioned on DOL before, I wanted to draw your attention to it again. Good friend and co-author Justin Ross * has recently joined the blog, resulting in a flurry of interesting posts by all members of the blog. See, for example, the posts on "Which Economic Theory is the Most Underappreciated?", "What is the Optimal Level of Gold-Digging?," and "Campus Shootings and Corner Solutions." * A January 2008 WVU economics Ph.D., Justin starts as an Assistant Professor of Public Finance in the School of Public and Environmental Affairs at Indiana University-Bloomington - a top 3 Public Affairs program according to U.S. News and World Report. I mention this not only to congratulate Justin, but to point out the types of jobs one can get with a WVU Ph.D. and an active research program. Students, take note! Posted by Joshua Hall at 10:14 AM in Economics
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The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith
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