“Let me be represented as one who trusts his senses, who thinks he knows the things he sees and feels, and entertains no doubts of their existence.” -- Bishop Berkeley
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.