Adam Smith, Loneliness, and the Limits of Mainstream Economics

<p>We have become increasingly obsessed in economics and in medicine and in public policy with what can be measured. Evidence-based is always better it would seem, than going with our gut or worse, a wild guess that springs from our biases.</p> <p>This passion for evidence is not new. Carved in stone, on the outside of the social science building where I got my PhD at the University of Chicago is a quote attributed to Lord Kelvin, the physicist who gave us the Kelvin temperature scale and who died in 1907:</p> <p><a href="https://russroberts.medium.com/adam-smith-loneliness-and-the-limits-of-mainstream-economics-f0be78940e17"><strong>Read More</strong></a></p>