We all proposition our grocer in the following fashion: “We’re not going to tell you when we’re going to shop; we’re not going to tell you what we’re going to buy; we’re not going to tell you the quantity we’re going to buy — but we will fire you if you don’t have what we want when we do come into the store.”
Walter E. Williams (March 31, 1936 — December 2, 2020), Bradley Prize Winner 2017, was John M. Olin Professor of Economics at George Mason University.
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