Horwitz on Opportunity Costs

I'm pleased to see that Steven Horwitz, a real live top-notch economist and master of catallactics, has endorsed my interpretation of the opportunity cost puzzle in the comments over at Catallarchy. Steve, who taught at an IHS seminar I ran two summers ago naturally attributes my rightness to his pedagogical prowess. I don't dispute it.

Author: Will Wilkinson

Vice President for Research at the Niskanen Center