Abstract

AbstractEconomics is beautiful, and all undergraduates who love and revere beauty should major in this dismal science. Beauty is defined, for present purposes as cooperation, coordination, teamwork, togetherness, inclusiveness, and assists in sports. The greater the number of people participating in the “team,” the more gorgeous is the cooperation. The less central direction, whether implicit or explicit, other things equal, the greater is the loveliness of the coordination. The economy, that which economists study, beats all the competition, as, at least ideally, it encompasses the most people on the “team” (all of us!) with the least outside direction. Well, none at all, given full free enterprise with no central planning whatsoever. That, at least, would be the extreme degree of economic freedom.

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