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Ethics and economics, an example

March 2, 2013

Hard to know what to add to this example of serious attitude by serious money. But I should not be so surprised; after all, writers have been on about this for a long time, Charles Dickens for one — an example of how to handle it without becoming moralistic and caught up in the process. Without having to say so, Paul Krugman makes it clear that economics cannot be entirely separated from moral philosophy, even as he warns that economics is not a morality play. That is to say, it is supposed to be based on reason and evidence. Curiously, all the evidence is that nature is asymmetric, and thereby hang a tale—

The Immorality of the Interest Rate Hawks

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