“Many Europeans, while admiring the strength and power of the American economy, undoubtedly feel that the system of social values which prevails in the United States, manifested in the acute problems evident in the inner cities and the level of violent crime, for example, leaves much to be desired.”

— Paul Ormerod, book The Death of Economics

Source: The Death of Economics (1994), Chapter 10, Economics Revisited, p. 206

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Paul Ormerod20

English economist

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