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Constantly Brooding Economist Summary

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Steven E. Rhoads wrote an article concerning why the brooding economist is constantly quarreling with congressmen, social workers, engineers, in general all those who seek more money to do good. Economists were alarmed about recreation center costs, because they cared about the victims of heart attacks and slow-learning children. Steven says that “whenever the costs and benefits of one program increase, the expenditures on and benefits from some other program decrease.” Steven believes that Economists keep reminding and lecturing us that there is no such thing as a free lunch, whereas the concept of opportunity costs most people do understand it, and even people who don’t, the concept is a normal aspect of life,Therefore, it is common sense

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