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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (127181)12/15/2009 11:28:53 AM
From: JohnM  Respond to of 540841
 
Where I suspect we disagree is the role of social structure. I assume, in the aggregate, folk will act in line with how they read their own self interest (not rational actor theory because culture defines all this) and the role of regulation is to create structures to channel all the self interest stuff. Thus regulation is the key. Everything I read from Krugman is in line with this view. Which always surprises me from an economist.