Wish I'd said that - December 12, 2018

“We economists always worry about getting our counterfactual scenarios right; without a yardstick, we are paralyzed. There is an apocryphal story about an economist who, when asked ‘How is your wife?,’ replied: ‘Compared to what?’”

Jagdish Bhagwati, Protectionism

Wish I'd said that - December 7, 2018

“Descartes once joked about common sense that it must be universal, because he had yet to meet anyone who didn’t claim to have it.”

Michael Potemra in National Review Jan. 27, 2003 (I believe he was referring to the opening line of Discours de la Méthode: “Le bon sens est la chose du monde la mieux partagée: car chacun pense en être si bien pourvu que ceux même qui sont les plus difficiles à contenter en toute autre chose n’ont point coutume d’en désirer plus qu’ils en ont.”)