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07/11/2006

Reihan Salam says it all

by @ 11:17 pm. Filed under economics, Human Nature

Asymmetrical Information: Reihan Salam says it all

I read “Nickeled and Dimed”, and was impressed by its detailed description of life at the bottom . . . and completely unimpressed by its economic illiteracy, paternalistic snobbery about the people she worked with, disdain for her customers, bizarre fantasies about the motives of middle-class consumers, and her complete and total lack of even a vestigial sense of humour. Her dialogue with Jason Furman has not improved any of these opinions.

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