People say that the fundamental product of the Chicago school of economics is helping rich old men stay rich. My retort is that the fundamental product of the Keynsian school is giving the charismatic elite more power. Case in point.
1. The Rangel Rule – I’m curious what arguments can be made that this is illegitimate. 2. Academic Ideals & Reality *Extra Bonus Post* – a fascinating examination of bias, in all forms.
Krugman wrote an article in the NYT about the stimulus, and he says that anyone who opposed the stimulus on various grounds can be written off as a dishonest flack. Specifically, he said: Next, write off anyone who asserts that… Read moreReiterating my previous point about Krugman