Bart Wilson
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Making economics more human
Meaningful Economics: Making the Science of Prosperity More Human Meaningful Economics argues that economics is as much about purposes and human values as it is about cost-benefit analysis, reframing economic science as a question of "why?" and not merely "how?" or "how much?" By Bart Wilson March 2nd 2025 As the “official doctrine of neoclassical economics, enshrined in all respectable textbooks,” the esteemed game theorist Ken Binmore says, revealed preference theory “succeeds in...
Meaningful Economics: Making the Science of Prosperity More Human
Economics has a problem. It cannot distinguish the causes of human action from the consequences of human action. It models representations of optimal agents, not flesh-and-blood human beings in ordinary life. Meaningful Economics is about understanding the principles of economics—the exchange of goods and services, the specialization that trade makes possible, and the system of property that undergirds both—in their origins and outcomes rather than exclusively in their consequences.
Live updates: Hunter Biden set to plead guilty to tax charges; GOP urges judge to reject deal Original
The two counts of tax evasion are for 2017 and 2018, when Hunter Biden earned more than $1.5 million each year. A gun charge, which is being handled through a pretrial diversion program likely resulting in no jail time, is being handled in a separate case. Republicans criticized the investigation as a 'slap on the wrist' and the result of political favoritism despite the prosecutor being appointed by former President Donald Trump.
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