Ocupation: Economist
Life: b. July 21, 1946
Birthday: July 21
The invisible hand is not perfect. Indeed, the invisible hand is a little bit arthritic ... I'm a believer in free markets, but I think we need to be less naïve. We need to accept that markets give us pretty good solutions, but occasionally they will lock in something inferior.
topic: Thinking, Hands, Invisible Hand