Justice Roberts Disses Economists

Cite this Article
Joshua D. Wright, Justice Roberts Disses Economists, Truth on the Market (June 28, 2012), https://truthonthemarket.com/2012/06/28/justice-roberts-disses-economists-2/

I’ve got nothing to add on the substantive merits of today’s big decision – but the following line got my attention:

To an economist, perhaps, there is no difference between activity and inactivity; both have measurable economic effects on commerce. But the distinction between doing something and doing nothing would not have been lost on the Framers, who were “practical statesmen,” not meta- physical philosophers.

That is all.

(HT: David Schleicher)