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March 01, 2007



One might say that economics and culture feed back and forth, and so if one is going to "blame" something in the process, they may as well blame the unobjectionable side. That is to say, if there's something wrong with culture, one can simply say peculiarities of economics have pushed things that way. To some extent this is always going to be correct, though since it's not the most *useful* way of looking at it, it would seem that it's on balance incorrect.

Nathan Smith

What is meant by "the peculiarities of economics?" You don't mean the *discipline* of economics, I suppose. Surely Africans' discount rates are not higher than Asians' because of some mysterious misdeed of economics professors.


Yes, I mean economics as-they-are, not theoretical or idealized economics. Economic scenarios.

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