[e2e] It's all my fault

[Vadim Antonov]

On Thu, 17 May 2007, Randy Bush wrote:

> it's also very convenient if the benefit is gained close to where/by-whom
> the costs are incurred, a point often overlooked.
> 
> randy

Heh. That's the point squarely ignored by most of the so-called science of 
economics. Every time they average utilities to derive some metric of 
"common good" or "utility for the society" or whatever it is called, they 
ignore the basic fact of life that people tend to act in their own 
interests.

--vadim