Tuesday, May 19, 2009

The Best Analysis of "Stimulus" Programs I Have Seen

The recent economic crisis has liberated the brilliant "inner macroeconomist" that has been locked inside my friend Mario Rizzo. See his recent Think Markets post for a devastating critique of current stimulus programs.

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An orgy

“The advancement of science and the rationality of politics are interwoven in a social process that, in the perspective of a more distant f...