Monday, May 5, 2014

The Wisdom of The Munger

Had lunch with Mungo. Delicious Pho. Told him I didn't have a pithy way of saying why EE is important.

"Philosophers talk about justice in outcomes. Economists talk about justice in processes. EE lets you talk about both at the same time."

Did I mention the Pho was wonderful? Pho Deluxe: 9675 Fairfax Blvd. Yum.


  1. Is Munger sticking around for an encore? Sad to miss it.

    1. He had some car troubles. I think he'll be on his way back to NC today.


Do you have suggestions on where we could find more examples of this phenomenon?