Question Earthority!

“Transaction costs. Externalities. Pareto superiority. Sound daunting? Imagine a young woman, just months out of university and having spent the last four years wandering, wide-eyed, through the worlds of Dostoevsky, Steinbeck, Voltaire, and Gide. Suddenly she finds herself in beautiful Bozeman, Montana, plunging headfirst (with no helmet) into the classics of political economy, amongst a handful of brilliant scholars. Economic terms work their way into her daily conversations. She dreams of free markets and Adam Smith’s invisible hand. Is this really the same girl who once cast aside economics as the truly dismal science? It may come as a surprise that the mystery heroine in this tale is me, and the setting is my summer internship at the Foundation for Research on Economics and the Environment.” (09/12/07)