Wednesday, February 11, 2009

The First Semester of Graduate Macro in 1 Blog Post

Provided by Josh Hendrickson.

3 comments:

Jason O said...

With much less sophistication to my belief, I concur, the stimulus plan will fail. As well, I am not entirely certain some in DC have not already planned for its failure and who to blame when it does.

I found this post and the article the pointer brought me to very interesting. Richardian equivalence seems at least as good a reason if not better than this old joke:

Question: What is the opposite of "pro?"
Answer: "Con"
Question: What is the opposite of "progress?"
Answer: "Congress"

Anonymous said...

Love that Richardian equivalence.

First suggested by the great economist Daniel Richardo.

Anonymous said...

David Ricardo