Coordinated Conflict: A Property Rights Perspective on Traffic
Economic analysis as a way of thinking can be understood as both a science and an art. As a science, economic analysis takes as its analytical starting point that human beings are striving to do the best that they can, given their particular circumstances of time and place. The art of economic analysis is to understand, or render intelligible, what it means for individuals to be doing their best at a particular place and time, given the constraints as they themselves perceive it.
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