Mark and Doug are two Christian economists seeking to combine economics and theology in a fun, thoughtful, and inviting fashion. The name of the blog is a reference to Jesus' admonition to his disciples to be "wise as serpents and innocent as doves" (Matthew 10:16) when going forth into the world. We hope you join the conversation.
Monday, October 10, 2011
From the New York Sun, a quote from the just-announced winner of the 2011 Nobel Prize in Economics, Thomas Sargent:
“Everyone responds to incentives, including people you want to help. That is why social safety nets don’t always end up working as intended.”