Economics and Ethics: Rationality and choice
Are we all rational economic thinkers?
If you know what you want then who better than you to decide how much to spend on dinner and how much to spend on shoes.
In the fifth installment of Richard’s ‘Economics and Ethics’ chat with ABC666 he discusses the need for the important conversation of not whether choice is good or bad but rather the more subtle conversation of when choice is better and when choice is worse and how if at all in society we want to intervene.
Author:
Richard Denniss on ABC 666 Canberra with Genevieve Jacobs
Posted on:
28 February 2013