Abstract
Although a nautical metaphor, it is much beloved by economists of a certain persuasion to argue that an overall lift in economic prosperity benefits everyone. John F. Kennedy used it often to justify various policy proposals. Kennedy was a president with many fine qualities, but expertise in economics was not one of them.
Original language | English |
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Title of host publication | Economic ideas you should forget |
Editors | Bruno S. Frey, David Iselin |
Place of Publication | Cham, Switzerland |
Publisher | Springer, Springer Nature |
Pages | 149-150 |
Number of pages | 2 |
ISBN (Electronic) | 9783319474588 |
ISBN (Print) | 9783319474571 |
DOIs | |
Publication status | Published - 2017 |