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Wednesday, May 23, 2012

The Importance of Nirvana, Arnold Kling | EconLog | Library of Economics and Liberty

The Importance of Nirvana, Arnold Kling | EconLog | Library of Economics and Liberty:

The nirvana fallacy is the logical error of comparing actual things with unrealistic, idealized alternatives. It can also refer to the tendency to assume that there is a perfect solution to a particular problem.

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