Nirvana Economics: How Treating the Real World like an Imaginary Ideal World Leads to Trouble

12/22/2021Gary Galles

A lot of economic policy is based on "economics" which makes assumptions that have very little to do with actual reality.

Original Article: "Nirvana Economics: How Treating the Real World like an Imaginary Ideal World Leads to Trouble"

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Author:

Gary Galles

Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar at the Ludwig von Mises Institute. He is also a research fellow at the Independent Institute, a member of the Foundation for Economic Education faculty network, and a member of the Heartland Institute Board of Policy Advisors.