BK Marcus is an amateur political economist with no formal education in the subject.
He works from Charlottesville, Virginia, as an editorial consultant for the Ludwig von Mises Institute.
He is no longer a house husband, nor a faculty spouse, but he is still a dilettante, and a layabout, at least in spirit.
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
Benjamin Tucker Marcus
Gone Fishing
July 23, 2008
May 19th, 2008 by 
bkmarcus
What was that maniacal cackle that spooked my neighbors this afternoon?
It was my LOL reaction to this post on blog.Mises:
| A test of your economic intuition
You see a headline that reads "$1 billion Later, Elevators Still Fail." The project in question is:
|
(From the New York Times story, "$1 billion Later, Elevators Still Fail.")
((And yes, apparently the billion-dollar project resulted in broken escalators as well as broken elevators.))
