Wednesday, June 22, 2016

Expectations.................................Part three


     These are not "hard times" in the old sense.  In this country life is still good and getting better for most people.  But it is not measuring up to expectations.  They might better be called "difficult times":  it is the problems, not the times that are hard.  And among the hard issues are some ethical ones.  They may not be the hardest or most important, but they are important and they are hard.

-Thomas C. Schelling, from his 1984 book,  Choice and Consequence:  Perspectives of an errant economist

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